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Ares Comml Real Est Q3 Adj. EPS $0.25 Beats $0.21 Estimate, Sales $23.88M Miss $25.32M Estimate

Author: Benzinga Newsdesk | November 03, 2023 06:03am
Ares Comml Real Est (NYSE:ACRE) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.21 by 19.05 percent. This is a 35.9 percent decrease over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $23.88 million which missed the analyst consensus estimate of $25.32 million by 5.68 percent. This is a 12.42 percent decrease over sales of $27.27 million the same period last year.

Posted In: ACRE


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