Ares Commercial Real Estate Corporation Reports Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Ares Commercial Real Estate (ACRE) Tops Q2 EPS by 4c
August 4, 2016 8:16 AM EDTAres Commercial Real Estate (NYSE: ACRE) reported Q2 EPS of $0.31, $0.04 better than the analyst estimate of $0.27.
As expected, our second quarter earnings rebounded strongly as we benefited from increased loan originations, commented Robert L. Rosen, Chairman of the Board and Interim Co-Chief Executive Officer of Ares Commercial Real Estate Corporation. During the second quarter, we also reached an agreement to sell our mortgage banking business at an attractive gain,... More
