Ares Commercial Real Estate (ACRE) Tops Q1 EPS by 3c

Ares Commercial Real Estate (NYSE: ACRE) reported Q1 EPS of $0.25, $0.03 better than the analyst estimate of $0.22. Revenue for the quarter came in at $0 versus the consensus estimate of $15.71 million.

Ares Commercial Real Estate sees FY2015 EPS of $1.04-$1.14, versus the consensus of $1.08.

For earnings history and earnings-related data on Ares Commercial Real Estate (ACRE) click here.

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