Ares Commercial Real Estate (ACRE) Tops Q4 EPS by 63c, declares dividend

Ares Commercial Real Estate (NYSE: ACRE) reported Q4 EPS of $0.20, $0.63 better than the analyst estimate of ($0.43). Revenue for the quarter came in at $17.55 million versus the consensus estimate of $24.63 million.

Declared first quarter 2024 dividend of $0.25 per common share

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

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