secwatch / observer
8-K filed October 27, 2022, 7:59 PM ET ticker ARES CIK 0001176948
earnings confidence high sentiment neutral materiality 0.65

Ares reports Q3 GAAP net loss $35.5M; after-tax realized income $233.1M, AUM up >20% YoY

Ares Management Corp

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ares Management Corp reported third quarter ended September 30, 2022 results: net income GAAP net loss attributable to Ares Management Corporation was $35.5 million for the quarter ended September 30, 2022, EPS On a basic and diluted basis, net loss attributable to Ares Management Corporation per share of Class A and non-voting c.

Period
third quarter ended September 30, 2022
Net income
GAAP net loss attributable to Ares Management Corporation was $35.5 million for the quarter ended September 30, 2022
EPS
On a basic and diluted basis, net loss attributable to Ares Management Corporation per share of Class A and non-voting c
Result
reported results
Exact text from the filing
ARES MANAGEMENT CORPORATION REPORTS THIRD QUARTER 2022 RESULTS NEW YORK--Ares Management Corporation (NYSE:ARES) today reported its financial results for its third quarter ended September 30, 2022. GAAP net loss attributable to Ares Management Corporation was $35.5 million for the quarter ended September 30, 2022. On a basic and diluted basis, net loss attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.22 for the quarter ended September 30, 2022. After-tax realized income was $233.1 million for the quarter ended September 30, 2022. After-tax realized income per share of Class A and non-voting common stock was $0.75 for the quarter ended September 30, 2022. Fee related earnings were $233.2 million for the quarter ended September 30, 2022.
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Source: SEC EDGAR
accession 0001628280-22-027134
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