ACRES Commercial (ACR) Q1 Earnings and Revenues Miss Estimates
ACRES Commercial Realty(ACR) Zacks Investment Research·2024-05-02 08:11
ACRES Commercial (ACR) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.52 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 the ...