06:39 AM EDT, 08/02/2024 (MT Newswires) -- Ares Management ( ARES ) reported Q2 earnings Friday of $0.43 per diluted share, down from $0.74 a year earlier.

Analysts polled by Capital IQ expected $0.98.

Revenue for the quarter ended June 30 was $788.7 million, compared with $1.09 billion a year earlier. vvfgv v

Two analysts surveyed by Capital IQ expected $841.7 million.

The company maintained a quarterly dividend of $0.93 per share of its Class A and non-voting common stock, payable on Sept. 30 to stockholders of record on Sept. 16.