How were Ares Acquisition's earnings last quarter?

Ares Acquisition Co. (NYSE:AAC) announced its quarterly earnings results on Friday, August, 30th. The company reported ($0.50) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by $0.40. The business had revenue of $62.72 million for the quarter, compared to analysts' expectations of $71.40 million.

What other stocks do shareholders of Ares Acquisition own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Acquisition investors own include Intelsat (I) , Fossil Group (FOSL) , Bank of America (BAC) , Associated British Foods (ABF) , Chaarat Gold (CGH) , First Data (FDC) , AMC Entertainment (AMC) , China Unicom (Hong Kong) (CHU) , Ciena (CIEN) and tronc (TRNC) .

NYSE:AAC

Ares Acquisition (AAC) Stock Price, News & Analysis

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Today's Range: $10.77
▼
$10.79
50-Day Range: $9.75
▼
$10.79
52-Week Range: $9.01
▼
$10.80

Volume: 599,700 shs
Average Volume: 320,763 shs
Market Capitalization: $761.82 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Stock Analysis Headlines Ownership Social Media

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About Ares Acquisition Stock (NYSE:AAC)

Ares Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Ares Acquisition Corporation was incorporated in 2020 and is based in New York, New York.

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AAC Stock News Headlines

February 23, 2024 | benzinga.com

Ares Management Stock (NYSE:ARES), Analyst Ratings, Price Targets, Predictions

February 18, 2024 | seekingalpha.com

AACT.WS Ares Acquisition Corporation II WT EXP

April 19, 2024 | InvestorPlace (Ad)

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December 11, 2023 | thestreet.com

Ares Acquisition Corporation Redeemable Warrants each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50

December 4, 2023 | finance.yahoo.com

Ares Acquisition Corporation WT (AAC-WT)

November 1, 2023 | bizjournals.com

Nuclear reactor company X-Energy calls off $1.8B SPAC merger with Ares Management affiliate

October 31, 2023 | reuters.com

X-Energy mutually terminates $2 billion deal to go public with Ares Acquisition

October 31, 2023 | finance.yahoo.com

X-energy and Ares Acquisition Corporation Mutually Agree to Terminate Business Combination Agreement

April 19, 2024 | InvestorPlace (Ad)

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October 31, 2023 | marketwatch.com

Ares Acquisition, X-Energy Dissolve SPAC Merger Deal

October 31, 2023 | msn.com

Ares Acquisition Corp., X-energy scrap $1.8B merger due to ‘persistently volatile public markets’

October 26, 2023 | finance.yahoo.com

X-energy CEO Clay Sell on SMRs, Going Public and Next Steps

October 25, 2023 | finance.yahoo.com

X-Energy’s Revolutionary Approach to Nuclear Power Can Lead Energy Transition

October 20, 2023 | finance.yahoo.com

Highlights: Join CEO of X-energy in Fireside Chat Interview

October 19, 2023 | finance.yahoo.com

REPLAY: Join CEO of X-energy in Fireside Chat Interview

October 16, 2023 | finance.yahoo.com

Ares Acquisition Corporation and X-Energy Reactor Company, LLC Announce Effectiveness of Registration Statement and October 31, 2023 Extraordinary General Meeting to Approve Business Combination

October 13, 2023 | finance.yahoo.com

Join CEO of X-energy in Fireside Chat October 19 at 1:30PM ET

September 14, 2023 | finance.yahoo.com

Department of Defense Expands X-energy Contract for Mobile Microreactor Prototype

September 5, 2023 | morningstar.com

Ares Acquisition Corp Ordinary Shares - Class A

August 11, 2023 | finance.yahoo.com

Meteora Capital, LLC Acquires New Stake in Keyarch Acquisition Corp

August 7, 2023 | finance.yahoo.com

X-energy Announces Appointment of Gregory J. Goff to Board of Directors

August 1, 2023 | finance.yahoo.com

Ares Acquisition Corporation Announces Successful Second Extension and Redemption Results

June 12, 2023 | reuters.com

X-energy lowers SPAC deal value to $1.8 billion

June 12, 2023 | markets.businessinsider.com

Ares Acquisition, X-Energy Announce Strategic Update To Business Partnership Deal

June 12, 2023 | finance.yahoo.com

X-energy and Ares Acquisition Corporation Announce Strategic Update to Business Combination Terms to Reinforce Long-Term Value Creation Opportunity and Alignment with Shareholders

May 25, 2023 | finance.yahoo.com

AAC - Ares Acquisition Corporation

April 12, 2023 | 247wallst.com

These Are the Top 10 Holdings of Robert Lynch

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Company Calendar

Last Earnings: 8/30/2019
Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Fabricated plate work (boiler shop)
Sub-Industry: N/A
Current Symbol: NYSE:AAC
CUSIP: N/A
CIK: 1606180
Web: www.americanaddictioncenters.org
Phone: 310-201-4100
Fax: N/A
Employees: 1,445
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $20.98 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: -1.34%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: $0.84 per share
Price / Cash Flow: 12.85
Book Value: ($2.44) per share
Price / Book: -4.42

Miscellaneous

Outstanding Shares: 70,604,000
Free Float: 70,456,000
Market Cap: $761.82 million
Optionable: Optionable
Beta: 0.01

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Key Executives

Mr. David B. Kaplan (Age 56)
CEO & Co-Chairman
Mr. Jarrod Morgan Phillips (Age 45)
Chief Financial Officer
Ms. Allyson Satin (Age 37)
Chief Operating Officer
Mr. Peter Ogilvie (Age 40)
Executive Vice President of Strategy

Key Competitors

View All Competitors

Institutional Ownership

Simplex Trading LLC
Sold 4,500 shares on 2/2/2024
Ownership: 0.000%

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AAC Stock Analysis - Frequently Asked Questions

How were Ares Acquisition's earnings last quarter?: Ares Acquisition Co. (NYSE:AAC) announced its quarterly earnings results on Friday, August, 30th. The company reported ($0.50) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by $0.40. The business had revenue of $62.72 million for the quarter, compared to analysts' expectations of $71.40 million.
What other stocks do shareholders of Ares Acquisition own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Acquisition investors own include Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH), First Data (FDC), AMC Entertainment (AMC), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and tronc (TRNC).

This page (NYSE:AAC) was last updated on 4/19/2024 by MarketBeat.com Staff

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Ares Acquisition (AAC) Stock Price, News & Analysis

About Ares Acquisition Stock (NYSE:AAC)

AAC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

AAC Stock Analysis - Frequently Asked Questions

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