Ares Commercial Real Estate Corporation Reports Third Quarter 2019 Results

Go back to Ares Commercial Real Estate Corporation Reports Third Quarter 2019 Results

Ares Commercial Real Estate (ACRE) Tops Q2 EPS by 1c

November 8, 2019 6:12 AM EST

Ares Commercial Real Estate (NYSE: ACRE) reported Q2 EPS of $0.34, $0.01 better than the analyst estimate of $0.33. Revenue for the quarter came in at $19.85 million versus the consensus estimate of $12.67 million.

We generated another quarter of strong earnings driven by healthy new investment activity... More