Ares Commercial Real ACRE reported its Q2 earnings results on Friday, July 29, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Ares Commercial Real beat estimated earnings by 18.75%, reporting an EPS of $0.38 versus an estimate of $0.32.
Revenue was up $1.61 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 2.28% increase in the share price the next day.
Here’s a look at Ares Commercial Real’s past performance:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
To track all earnings releases for Ares Commercial Real visit their earnings calendar here.
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