Ares Management's Quarterly Earnings Preview: What You Need to Know

With a market cap of $37.2 billion, Ares Management Corporation (ARES) is a leading global alternative investment manager offering investment solutions across credit, real estate, private equity, and infrastructure, with a focus on providing flexible capital and generating consistent, attractive returns across market cycles. As of June 30, 2026, the company managed over $671 billion in assets through a global platform spanning North America, South America, Europe, Asia Pacific, and the Middle East.

The Los Angeles, California-based company is set to announce its fiscal Q3 2026 results before the market opens on Thursday, Oct. 29. Ahead of this event, analysts forecast ARES to report an EPS of $1.29, a rise of 8.4% from $1.19 in the year-ago quarter. It has exceeded or met Wall Street's earnings estimates in one of the last four quarters while missing on three other occasions. 

For fiscal 2026, analysts expect Ares Management to post an EPS of $5.85, up 22.9% from $4.76 in fiscal 2025. Moreover, adjusted EPS is projected to grow 23.9% year-over-year to $7.25 in fiscal 2027. 

Shares of Ares Management have decreased 24.9% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 15.9% gain and the State Street Financial Select Sector SPDR ETF's (XLF) 6.4% return over the same period. 

Ares Management shares rose 3.2% on Jul. 31 after the alternative investment manager reported Q2 2026 after-tax realized income of $1.29 per share, beating the consensus, and fee-related earnings climbed 20% year over year to $491.1 million. Investor sentiment was boosted by record fundraising and strong capital inflows, with net inflows increasing to $34.4 billion from $27.9 billion in Q1, and assets under management rose 4.2% to $671.3 billion, surpassing analysts’ estimate. 

Further supporting the stock, Ares deployed $35.9 billion in capital during the quarter, up from $32.3 billion in Q1 and $26.9 billion a year earlier, and secured approximately $8.2 billion in U.S. direct lending commitments across 69 transactions.

Analysts' consensus view on ARES stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 22 analysts covering the stock, 13 recommend "Strong Buy," two "Moderate Buys," and seven suggest "Hold." The average analyst price target is $145.90, suggesting a potential upside of 20.6% from current levels. 

On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.