Acres Commercial Realty Corp expected to post earnings of 14  cents a share - Earnings Preview

Acres Commercial Realty

01/03/2022 23:50

* Acres Commercial Realty Corp  ACR.N   ACR  is expected
to show a
rise in quarterly revenue when it reports  results on March 3. 
    * The Uniondale New York-based  company is expected to
report  a
31.5% increase in revenue to $11.9 million from $9.05 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Acres Commercial
Realty
Corp is for earnings of 14 cents per share. For the same quarter
last year, the company reported earnings of 28 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Acres
Commercial
Realty Corp is $19.5​, about 43.1% above​ its last closing price
of $11.09. ​​​

This summary was machine generated March 1 at 23:50 GMT.  All
figures in US dollars  unless otherwise stated