Ares Commercial Real Estate (ACRE) Tops Q3 EPS by 11c

Ares Commercial Real Estate (NYSE: ACRE) reported Q3 EPS of $0.39, $0.11 better than the analyst estimate of $0.28. Revenue for the quarter came in at $11.1 million versus the consensus estimate of $11.94 million.

• Third quarter net income of $11.1 million or $0.39 per diluted common share
• Significant capital available for deployment
• Declared fourth quarter 2017 dividend of $0.27 per common share

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

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Reading (RDI) Tops Q2 EPS by 4c
• OceanaGold to acquire Ausgold in a deal valued at A$776M