02:18 PM EDT, 08/01/2025 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph and headline.)

Ares Management ( ARES ) shares were down over 3% in recent Friday trading after the company's Q2 after-tax realized income rose year-over-year but fell short of analyst estimates.

The company reported Q2 after-tax realized income of $1.03 per share, up from $0.99 a year earlier.

Analysts polled by FactSet expected $1.08.

Revenue for the quarter ended June 30 was $1.35 billion, compared with $788.7 million a year earlier.

Four analysts surveyed by FactSet expected $1.01 billion.

The company maintained a quarterly dividend of $1.12 per share of its Class A and non-voting common stock, payable on Sept. 30 to stockholders of record on Sept. 16.

Price: 179.73, Change: -5.80, Percent Change: -3.13