Ares Growth Metrics Underpin StockStory’s Positive View
The publisher cited five-year gains in revenue, fee-related earnings and EPS, while Ares shares traded lower in Thursday afternoon trading.
Key takeaways
- Ares revenue grew at a 21.9% annual rate over five years, according to StockStory.
- Ares shares traded at $115.10, down 0.56% since the previous close as of 17:24 UTC.
StockStory cited Ares Management’s five-year growth in revenue, fee-related earnings and earnings per share as reasons for its positive view. Revenue grew at a 21.9% compounded annual rate, while fee-related earnings rose 30.3% annually, according to the publisher.
Ares’ earnings per share grew at a 19.5% compounded annual rate over the same period. StockStory also noted that Ares had gained 10.4% over six months, compared with a 15.2% return for the S&P 500.
As of 17:24 UTC on Oct. 8, Ares shares traded at $115.10, down 0.56% since the previous close.
This article was produced with the help of AI technology. Source: Yahoo Finance
