* Ares Commercial Real Estate Corp ACRE.N ACRE.K is
expected
to show a rise in quarterly revenue when it reports results on
February 12 for the period ending December 31 2024
* The Chicago Illinois-based company is expected to report
a
7.8% increase in revenue to $15.518 million from $14.39 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. (SAL represents Net Intereset Income basis.)
* LSEG's mean analyst estimate for Ares Commercial Real
Estate
Corp is for earnings of 2 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 2 "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 Ares
Commercial
Real Estate Corp is $6.50, above its last closing price
of $5.97.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
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. 0.18 0.19 0.17 Missed -11.3
30 2023
Jun. 30 2023 0.27 0.28 -0.04 Missed -114.4
Mar. 31 2023 0.21 0.23 -0.12 Missed -152.3
Dec. 31 2022 0.33 0.33 0.05 Missed -85
This summary was machine generated February 10 at 14:03 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)