ACRES Commercial (ACR) Q2 Earnings Top Estimates
ACRACRES Commercial Realty(ACR) ZACKS·2024-08-01 07:40

ACRES Commercial (ACR) came out with quarterly earnings of 0.51pershare,beatingtheZacksConsensusEstimateof0.51 per share, beating the Zacks Consensus Estimate of 0.35 per share. This compares to earnings of 0.60pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof45.710.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 45.71%. A quarter ago, it was expected that this commercial real estate investment trust would post earnings of 0.42 per share when it actually produced earnings of $0.16, delivering a surprise of -61.90%.Over the ...