ACRES Commercial (ACR) Q1 Earnings and Revenues Miss Estimates
ACRACRES Commercial Realty(ACR) Zacks Investment Research·2024-05-02 08:11

ACRES Commercial (ACR) came out with quarterly earnings of 0.16pershare,missingtheZacksConsensusEstimateof0.16 per share, missing the Zacks Consensus Estimate of 0.42 per share. This compares to earnings of 0.52pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−61.900.52 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -61.90%. A quarter ago, it was expected that this commercial real estate investment trust would post earnings of 0.58 per share when it actually produced earnings of $0.55, delivering a surprise of -5.17%. Over t ...