Ares Commercial Real Estate Corp expected to post breakeven results a share - Earnings Preview

Ares Commercial Real Estate

05/05/2025 13:45

Ares Commercial Real Estate Corp ACRE.N, ACRE.K is expected to show a fall in quarterly revenue when it reports  results on May 7 for the period ending March 31 2025

The New York City-based  company is expected to report a 26.7% decrease in revenue to $13.7 million from $18.69 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Ares Commercial Real Estate Corp is for breakeven results per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 27.2% in the last three months. ​

Wall Street's median 12-month price target for Ares Commercial Real Estate Corp is $4.75​, above​ its last closing price of $4.14. ​​​

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.02
0.01
-0.20
Missed
-1,849.8
Sep. 30 2024
0.01
0.04
-0.11
Missed
-348.4
Jun. 30 2024
0.29
0.12
-0.11
Missed
-191.7​
Mar. 31 2024
-0.26
-0.23
-0.23
Met
-0.9
​​Dec. 31 2023
-0.16
-0.01
-0.73
Missed
-5,008.5
Sep. 30 2023
0.18
0.19
0.17
Missed
-11.3​
Jun. 30 2023
0.27
0.28
-0.04
Missed
-114.4
Mar. 31 2023
0.21
0.23
-0.12
Missed
-152.3

This summary was machine generated May 5 at 12:45 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)