Ares Commercial Real Estate (ACRE) Declares $0.27 Quarterly Dividend; 7.7% Yield

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Go back to Ares Commercial Real Estate (ACRE) Declares $0.27 Quarterly Dividend; 7.7% Yield

Ares Commercial Real Estate (ACRE) Misses Q1 EPS by 3c

May 2, 2017 6:31 AM EDT

Ares Commercial Real Estate (NYSE: ACRE) reported Q1 EPS of $0.23, $0.03 worse than the analyst estimate of $0.26.

Our first quarters results were in-line with our expectations and do not reflect our full potential due to our significant amount of undeployed capital available for future investment, said Robert L. Rosen, Chairman of the Board and Interim Co-Chief Executive Officer of Ares Commercial Real Estate Corporation. Based on our capital availability and... More