Ares Commercial Real Estate Corp reports results for the quarter ended June 30 - Earnings Summary

Ares Commercial Real Estate

05/08/2025 14:33

Ares Commercial Real Estate Corp ACRE.N reported a quarterly adjusted loss of 20 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -11 cents.  The mean expectation of seven analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 1 cents to 9 cents per share.

Revenue fell 25.2% to $12.57 million from a year ago; analysts expected $13.85 million.

Ares Commercial Real Estate Corp's reported EPS for the quarter was a loss of 20 cents​.

The company reported a quarterly loss of $11.04 million.

Ares Commercial Real Estate Corp shares had fallen by 5.2% this quarter and lost 23.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 520% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

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 average consensus recommendation for the specialized reits peer group is  "buy."

Wall Street's median 12-month price target for Ares Commercial Real Estate Corp is $5.00, about 9.6% above its last closing price of $4.52

This summary was machine generated from LSEG data August 5 at 01:32 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.04
-0.20
Missed
Mar. 31 2025
0.00
0.17
Beat
Dec. 31 2024
0.01
-0.20
Missed
Sep. 30 2024
0.04
-0.11
Missed