Ares Commercial Real Estate: Q1 Earnings Insights

Shares of Ares Commercial Real Estate ACRE were unchanged in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were flat 0.00% over the past year to $0.32, which missed the estimate of $0.34.

Revenue of $21,134,000 higher by 49.28% year over year, which beat the estimate of $14,100,000.


Earnings guidance hasn't been issued by the company for now.

Ares Commercial Real hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: May 08, 2020

Webcast URL:


Company's 52-week high was at $17.72

Company's 52-week low was at $2.78

Price action over last quarter: down 59.50%

Company Description

Ares Commercial Real Estate Corp is a specialty finance company and a Real Estate Investment Trust providing commercial real estate loans and related investments. The company operates in one segments namely originating and managing a diversified portfolio of CRE debt-related investments. The group recognizes its revenues through the interest income it receives from loans.

Posted In: EarningsNews