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

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

Ares Commercial Real Estate Corporation Reports Third Quarter 2019 Results

November 8, 2019 6:05 AM EST

Third quarter GAAP net income of $9.0 million or $0.31 per diluted common share and Core Earnings(1) of $9.7 million or $0.34 per diluted common share

- Subsequent to end of third quarter -

Declared fourth quarter 2019 dividend of $0.33 per common share

Announced change in leadership effective December 5, 2019

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