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ACRE — Ares Commercial Real Estate News Story

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

Ares Commercial Real Estate Corp reports results for the quarter ended June 30 - Earnings Summary
  • Ares Commercial Real Estate Corp ACRE.N reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of eight analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from -4 cents to 12 cents per share.

  • Revenue rose 14.3% to $14.36 million from a year ago; analysts expected $12.54 million.

  • Ares Commercial Real Estate Corp's reported EPS for the quarter was 8 cents​.

  • The company reported quarterly net income of $4.52 million.

  • Ares Commercial Real Estate Corp shares had fallen by 5.6% this quarter and lost 11.1% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 1.2% 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 1 "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 $5.25, about 19% above its last closing price of $4.25

This summary was machine generated from LSEG data August 4 at 01:31 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 2026

0.05

0.08

Beat

Mar. 31 2026

0.05

-0.17

Missed

Dec. 31 2025

0.01

-0.07

Missed

Sep. 30 2025

0.02

0.08

Beat

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