ACRES Commercial Realty Q1 Adj $0.52 Beats $0.45 Estimate, Sales $21.06M Beat $18.40M Estimate

Author: Benzinga Newsdesk | May 03, 2023 04:39pm
ACRES Commercial Realty (NYSE:ACR) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.45 by 15.56 percent. This is a 308 percent increase over losses of $(0.25) per share from the same period last year. The company reported quarterly sales of $21.06 million which beat the analyst consensus estimate of $18.40 million by 14.45 percent. This is a 92.79 percent increase over sales of $10.92 million the same period last year.

Posted In: ACR