Ares Commercial Real Estate Corporation Reports First Quarter 2020 Results

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Ares Commercial Real Estate (ACRE) Misses Q1 EPS by 2c, Revenues Beat

May 8, 2020 6:16 AM EDT

Ares Commercial Real Estate (NYSE: ACRE) reported Q1 EPS of $0.32, $0.02 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $21.13 million versus the consensus estimate of $14.1 million.

During this unprecedented economic disruption caused by the COVID-19 pandemic, we have... More