Ares Commercial Real Estate (ACRE) Earnings Date, Estimates & Call Transcripts

$6.91
+0.13 (+1.92%)
(As of 10:02 AM ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 7Estimated
Actual EPS
(May. 9)
-$0.64 Missed By -$0.34
Consensus EPS
(May. 9)
-$0.30
Skip Charts & View Estimated and Actual Earnings Data

ACRE Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ACRE Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ares Commercial Real Estate Analyst EPS Estimates

Current Year EPS Consensus Estimate:($0.66) EPS
Next Year EPS Consensus Estimate: $0.97 EPS

ACRE Earnings Date and Information

Ares Commercial Real Estate last released its quarterly earnings data on May 9th, 2024. The real estate investment trust reported ($0.64) earnings per share for the quarter, missing the consensus estimate of ($0.30) by $0.34. The firm had revenue of $18.69 million for the quarter, compared to analysts' expectations of $43.77 million. Ares Commercial Real Estate has generated ($0.72) earnings per share over the last year (($0.72) diluted earnings per share). Earnings for Ares Commercial Real Estate are expected to grow in the coming year, from ($0.66) to $0.97 per share. Ares Commercial Real Estate has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 7th, 2024 based off prior year's report dates.

Ares Commercial Real Estate Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/7/2024
Estimated)
------- 
5/9/2024Q1 2024($0.2970)($0.64)($0.3430)($1.05)$43.77 million$18.69 million  
5/3/2022Q1 2022$0.36$0.34($0.02)---    
2/14/2022Q4 2021$0.37$0.41+$0.04---    
11/3/2021Q3 2021$0.34$0.37+$0.03$0.51--    
7/29/2021Q2 2021$0.35$0.37+$0.02$0.29--    

Ares Commercial Real Estate Earnings - Frequently Asked Questions

When is Ares Commercial Real Estate's earnings date?

Ares Commercial Real Estate has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 7th, 2024 based off last year's report dates. Learn more on ACRE's earnings history.

Did Ares Commercial Real Estate beat their earnings estimates last quarter?

In the previous quarter, Ares Commercial Real Estate (NYSE:ACRE) missed the analysts' consensus estimate of ($0.30) by $0.34 with a reported earnings per share (EPS) of ($0.64). Learn more on analysts' earnings estimate vs. ACRE's actual earnings.

How can I listen to Ares Commercial Real Estate's earnings conference call?

The conference call for Ares Commercial Real Estate's latest earnings report can be listened to online. Listen to Conference Call

How much revenue does Ares Commercial Real Estate generate each year?

Ares Commercial Real Estate (NYSE:ACRE) has a recorded annual revenue of $81.43 million.

How much profit does Ares Commercial Real Estate generate each year?

Ares Commercial Real Estate (NYSE:ACRE) has a recorded net income of -$38.87 million. ACRE has generated -$0.72 earnings per share over the last four quarters.

What is Ares Commercial Real Estate's EPS forecast for next year?

Ares Commercial Real Estate's earnings are expected to grow from ($0.66) per share to $0.97 per share in the next year.


More Earnings Resources from MarketBeat

This page (NYSE:ACRE) was last updated on 5/10/2024 by MarketBeat.com Staff

From Our Partners