Ares Commercial Real Estate (ACRE) Tops Q2 EPS by 4c

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Ares Commercial Real Estate Corporation Reports Second Quarter 2018 Results

July 26, 2018 6:30 AM EDT

Second quarter GAAP net income of $9.3 million or $0.33 per diluted common share and Core Earnings(1) of $10.1 million or $0.35 per diluted common share

- Subsequent to end of second quarter -

Declared a further increase in the dividend to $0.29 per common share for the third quarter 2018, representing the second dividend increase this year

JUNE 30, 2018 FINANCIAL RESULTS

NEW YORK--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (the Company) (NYSE: ACRE), a specialty finance company engaged in originating and... More