Acres Commercial Realty Corp reports results for the quarter ended in September - Earnings Summary

Acres Commercial Realty

09/11/2021 12:12

* Acres Commercial Realty Corp  ACR.N  reported a quarterly
adjusted loss of 36 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 27 cents per share.
* Revenue rose 4.1% to $12.10 million from a year ago;  analysts
expected $11.80 million. 
* Acres Commercial Realty Corp's reported EPS for the quarter
was a loss of $1.03​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Acres Commercial Realty Corp shares had fallen by 6.7% this
quarter and gained 26.1% so far this year.
* The company reported a quarterly loss of $9.81 million.
* Wall Street's median 12-month price target for Acres
Commercial Realty Corp is $19.50 
* 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." 
This summary was machine generated November 9 at 12:11 p.m.
 ​All figures in US dollars unless otherwise stated