Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full-Year 2016 Results

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Ares Commercial Real Estate (ACRE) Reports In-Line Q4 EPS

March 7, 2017 6:31 AM EST

Ares Commercial Real Estate (NYSE: ACRE) reported Q4 EPS of $0.28, in-line with the analyst estimate of $0.28.

Fourth quarter net income of $8.1 million or $0.28 per diluted common shareFull-year 2016 net income of $40.3 million or $1.41 per diluted common share and adjusted net income from... More