Overview

* Ares Management ( ARES ) Q2 adjusted EPS misses analyst expectations, per LSEG data

* Company reports GAAP net income of $137.1 mln for Q2 2025

* AUM, fee paying AUM, and management fees grow 24% yr/yr

Outlook

* Ares expects greater than expected synergies from GCP International acquisition

* Company anticipates meaningful future earnings growth with over $150 bln available capital

* Ares believes it is on pace to exceed previous annual fundraising records

* Company sees improving transaction environment benefiting future earnings

Result Drivers

* AUM GROWTH - AUM, fee paying AUM, and management fees grew 24% yr/yr due to strong fundraising and market appreciation

* ACQUISITION IMPACT - GCP International acquisition contributed to Q2 financials with expected synergies over time

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $1.03 $1.09

Adjusted (13

EPS Analysts

)

Q2 Net $137.10

Income mln

Q2 $1.12

Dividend

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the investment management & fund operators peer group is "buy"

* Wall Street's median 12-month price target for Ares Management Corp ( ARES ) is $187.00, about 0.8% below its July 31 closing price of $185.53

* The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)