Ares Commercial Real ACRE reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Ares Commercial Real missed estimated earnings by 5.56%, reporting an EPS of $0.34 versus an estimate of $0.36.
Revenue was up $2.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 0.27% increase in the share price the next day.
Here's a look at Ares Commercial Real's past performance:
|Quarter||Q4 2021||Q3 2021||Q2 2021||Q1 2021|
To track all earnings releases for Ares Commercial Real visit their earnings calendar here.
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