ACRES Commercial (ACR) Misses Q4 Earnings and Revenue Estimates
ACRACRES Commercial Realty(ACR) Zacks Investment Research·2024-02-29 08:01

ACRES Commercial (ACR) came out with quarterly earnings of 0.55pershare,missingtheZacksConsensusEstimateof0.55 per share, missing the Zacks Consensus Estimate of 0.58 per share. This compares to earnings of 0.60pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−5.170.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.17%. A quarter ago, it was expected that this commercial real estate investment trust would post earnings of 0.53 per share when it actually produced earnings of $0.73, delivering a surprise of 37.74%. Over th ...