Ares Commercial Real: Q4 Earnings Insights

Ares Commercial Real ACRE reported its Q4 earnings results on Tuesday, February 15, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Ares Commercial Real beat estimated earnings by 10.81%, reporting an EPS of $0.41 versus an estimate of $0.37.

Revenue was up $8.91 million from the same period last year.

Last quarter the company beat on EPS by $0.04, which was followed by a 2.3% drop in the share price the next day.

Here's a look at Ares Commercial Real's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.33	0.35	0.37	0.35
EPS Actual	0.37	0.37	0.40	0.41
Revenue Estimate	20.50M	20.00M	18.11M	17.76M
Revenue Actual	27.20M	23.53M	21.22M	21.20M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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