Ares Commercial Real Estate (ACRE) Tops Q3 EPS by 5c; Reaffirms

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Go back to Ares Commercial Real Estate (ACRE) Tops Q3 EPS by 5c; Reaffirms

Ares Commercial Real Estate Corporation Reports Third Quarter 2015 Results

November 5, 2015 6:00 AM EST

Generated Record Net Income of $9.4 million or $0.33 per diluted common share

Originated new commitments of $230 million

- Subsequent to end of third quarter -

Declared fourth quarter 2015 dividend of $0.25 per common share

Reaffirming full-year 2015 EPS guidance range of $1.12 - $1.18

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... More