Ares Commercial Real Estate Corporation Reports First Quarter 2021 Results

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

May 4, 2021 6:18 AM EDT

Ares Commercial Real Estate (NYSE: ACRE) reported Q1 EPS of $0.40, $0.03 better than the analyst estimate of $0.37.

Our first quarter results mark a strong start to 2021, with significant growth in earnings versus the same period in 2020, and Distributable Earnings well in excess of the regular and supplemental dividends, said Bryan... More