Ares Commercial Real Estate (ACRE) Tops Q4 EPS by 3c

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Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full-Year 2014 Results

March 5, 2015 6:00 AM EST

Fourth quarter and full-year 2014 Net Income of $0.31 and $0.85 per diluted common share, respectively

First quarter and full-year 2015 Net Income estimated to be between $0.21 to $0.24 and $1.02 to $1.14 per diluted common share, respectively

Declared first quarter 2015 dividend of $0.25 per common share

DECEMBER 31, 2014 FINANCIAL RESULTS

CHICAGO--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (the Company, ACRE, we, or our) (NYSE: ACRE), a specialty finance company primarily engaged in principal lending and mortgage banking of commercial real estate (CRE) investments, reported net income of $8.9 million... More