Key Takeaways
- • Ares Management (ARES) is scheduled to report third-quarter 2026 results on Oct. 29 before the market opens, with Zacks Consensus expecting EPS of $1.25 per share, a 5.0% increase year over year.
- • Zacks consensus projects quarterly sales of $1.26 billion, an 8.9% year-over-year increase, and total AUM of $694.9 billion, up 3.5% sequentially.
- • Consensus expects total fee-earning AUM of $428.3 billion, a 4.5% sequential rise, and management fees of $1.1 billion, also up 4.5% from the prior quarter.
- • Zacks' model does not predict an earnings beat, with an Earnings ESP of -0.06% and a Zacks Rank #4 (Sell); ARES missed consensus in two of the last four quarters and averaged a 4.2% miss.
- • Elevated expenses tied to GCP International and BlueCove acquisition and integration costs are expected to pressure near-term profitability.
Summary
Ares Management is scheduled to announce its third-quarter 2026 results on October 29, before the opening bell, according to Zacks Investment Research. Zacks expects quarterly revenues and earnings to have increased on a year-over-year basis. In the last reported quarter, results benefited from higher management fees, fee-related performance revenues and AUM growth, though higher expenses partially offset those gains.
The Zacks Consensus Estimate for quarterly earnings is $1.25 per share, unchanged over the past seven days and implying a 5.0% increase from the prior-year quarter. Quarterly sales are estimated at $1.26 billion, up 8.9% year over year. Zacks projects total AUM of $694.9 billion, growth of 3.5% from the prior quarter, and total fee-earning AUM of $428.3 billion, a sequential rise of 4.5%. Management fees are pegged at $1.1 billion, and fee-related performance revenues are estimated at $80.7 million, a significant increase from $40.5 million in the prior-year quarter. Other fees are projected at $79.0 million, down from $91.9 million in the prior quarter.
Zacks attributes expected AUM growth to continued fundraising momentum and strong investor demand across private credit and other alternative strategies, alongside a rising perpetual capital base and expanding global distribution. Deal activity was described as relatively resilient in the third quarter of 2026 as strategic acquirers pursued scale and capability-building transactions, despite persistent challenges in private equity exits and elevated financing costs.
Expenses have risen over recent years, driven by compensation and benefits and investment in fundraising and platform expansion. Zacks expects third-quarter expenses to remain elevated due to acquisition and integration costs associated with GCP International and BlueCove, and says continued platform scaling and integration may pressure near-term profitability.
Zacks' model does not conclusively predict an earnings beat for ARES, with an Earnings ESP of -0.06% and a Zacks Rank #4 (Sell). ARES's earnings surpassed the Zacks Consensus Estimate in one of the trailing four quarters, matched it once and missed twice, for an average miss of 4.2%.
The Zacks Consensus Estimate for quarterly earnings is $1.25 per share, unchanged over the past seven days and implying a 5.0% increase from the prior-year quarter. Quarterly sales are estimated at $1.26 billion, up 8.9% year over year. Zacks projects total AUM of $694.9 billion, growth of 3.5% from the prior quarter, and total fee-earning AUM of $428.3 billion, a sequential rise of 4.5%. Management fees are pegged at $1.1 billion, and fee-related performance revenues are estimated at $80.7 million, a significant increase from $40.5 million in the prior-year quarter. Other fees are projected at $79.0 million, down from $91.9 million in the prior quarter.
Zacks attributes expected AUM growth to continued fundraising momentum and strong investor demand across private credit and other alternative strategies, alongside a rising perpetual capital base and expanding global distribution. Deal activity was described as relatively resilient in the third quarter of 2026 as strategic acquirers pursued scale and capability-building transactions, despite persistent challenges in private equity exits and elevated financing costs.
Expenses have risen over recent years, driven by compensation and benefits and investment in fundraising and platform expansion. Zacks expects third-quarter expenses to remain elevated due to acquisition and integration costs associated with GCP International and BlueCove, and says continued platform scaling and integration may pressure near-term profitability.
Zacks' model does not conclusively predict an earnings beat for ARES, with an Earnings ESP of -0.06% and a Zacks Rank #4 (Sell). ARES's earnings surpassed the Zacks Consensus Estimate in one of the trailing four quarters, matched it once and missed twice, for an average miss of 4.2%.
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