Acres Commercial Realty Corp expected to post earnings of 27 cents a share - Earnings Preview

Acres Commercial Realty

03/03/2025 21:39

Acres Commercial Realty Corp ACR.N, ACR is expected to show a fall in quarterly revenue when it reports  results on March 5 for the period ending December 31 2024

The Uniondale New York-based  company is expected to report a 2.1% decrease in revenue to $21.964 million from $22.45 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Acres Commercial Realty Corp is for earnings of 27 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "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 $19.50​, below​ its last closing price of $20.97. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.31
0.39
0.24
Missed
-39
Jun. 30 2024
0.45
0.46
0.51
Beat
10.9
Mar. 31 2024
0.47
0.46
0.16
Missed
-65.2​
Dec. 31 2023
0.58
0.48
0.55
Beat
15.8
​​Sep. 30 2023
0.53
0.46
0.73
Beat
58.7
Jun. 30 2023
0.47
0.44
0.60
Beat
36.4​
Mar. 31 2023
0.58
0.46
0.52
Beat
14.3
Dec. 31 2022
0.45
0.46
0.60
Beat
30.4

This summary was machine generated March 3 at 21:39 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)