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Ares Commercial Real Q3 Core EPS $0.34 Beats $0.33 Estimate, Sales $19.847M Beat $12.67M Estimate

Ares Commercial Real (NYSE:ACRE) reported quarterly earnings of $0.34 per share which beat the analyst consensus estimate of $0.33 by 3.03 percent. This is a 5.56 percent decrease over earnings of $0.36 per share from

Benzinga · -

Ares Commercial Real (NYSE:ACRE) reported quarterly earnings of $0.34 per share which beat the analyst consensus estimate of $0.33 by 3.03 percent. This is a 5.56 percent decrease over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $19.847 million which beat the analyst consensus estimate of $12.67 million by 56.65 percent. This is a 41.93 percent increase over sales of $13.984 million the same period last year.