Ares Comml Real Est Q1 2024 Adj EPS $(0.62) Misses $(0.23) Estimate, Sales $18.692M Beat $17.080M Estimate
Author: Benzinga Newsdesk | May 09, 2024 06:03am
Ares Comml Real Est (NYSE:
ACRE) reported quarterly losses of $(0.62) per share which missed the analyst consensus estimate of $(0.23) by 169.57 percent. This is a 444.44 percent decrease over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $18.692 million which beat the analyst consensus estimate of $17.080 million by 9.44 percent. This is a 29.47 percent decrease over sales of $26.501 million the same period last year.
Posted In: ACRE