Ares Commercial Real Estate Corp <ACRE.N> expected to post earnings of 2 cents a share - Earnings Preview
Ares Commercial Real Estate Corp ACRE.N, ACRE.K is expected to show a rise in quarterly revenue when it reports results on February 12 for the period ending December 31 2024
The Chicago Illinois-based company is expected to report a 7.8% increase in revenue to $15.518 million from $14.39 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data. (SAL represents Net Intereset Income basis.)
LSEG's mean analyst estimate for Ares Commercial Real Estate Corp is for earnings of 2 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Ares Commercial Real Estate Corp is $6.50, above its last closing price of $5.97.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.01 | 0.04 | -0.11 | Missed | -348.4 |
Jun. 30 2024 | 0.29 | 0.12 | -0.11 | Missed | -191.7 |
Mar. 31 2024 | -0.26 | -0.23 | -0.23 | Met | -0.9 |
Dec. 31 2023 | -0.16 | -0.01 | -0.73 | Missed | -5,008.5 |
Sep. 30 2023 | 0.18 | 0.19 | 0.17 | Missed | -11.3 |
Jun. 30 2023 | 0.27 | 0.28 | -0.04 | Missed | -114.4 |
Mar. 31 2023 | 0.21 | 0.23 | -0.12 | Missed | -152.3 |
Dec. 31 2022 | 0.33 | 0.33 | 0.05 | Missed | -85 |
This summary was machine generated February 10 at 14:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
Related Articles
[Reuters Analysis] Powell's last Jackson Hole speech could pack a punch: McGeever
By Jamie McGeever ORLANDO, Florida, Aug 20 (Reuters) - Financial markets are taking in a collective breath ahead of Jerome Powell's eighth and final keynote Jackson Hole speech as Federal Reserve Chair. If the moves following his last seven are any guide, investors buckle up for a bumpy ride....
Powell's Jackson Hole Speech: For U.S. Stocks, Hawk or Dove Signal Could Be a Lose-Lose?
TradingKey - As U.S. inflation and labor market data show signs of rebalancing, Treasury traders and Wall Street banks have largely priced in a rate cut at the September FOMC meeting — the first of 2025. Yet both a more dovish-than-expected tone and a potential surprise hawkish signal from Fed Chair
Eurozone Q2 GDP Commentary: Will the Euro's Upward Momentum Persist?
TradingKey - On 14 August 2025, Eurostat published Q2 GDP figures, revealing a drop in the Eurozone's quarter-on-quarter growth from 0.6% in the first quarter to 0.1%. Consequently, annual growth eased from 1.5% to 1.4%. The slowdown primarily stems from the diminishing boost from European...
Ethereum Price Prediction: Will ETH Extend the Rally? What’s the Future Trend?
Ethereum's impressive 2025 rally has been largely fueled by inflows from spot ETFs and a surge in institutional holdings, signaling growing confidence in its role as a core asset in the crypto market. However, to officially confirm the start of a new bull cycle, ETH must break above the critical $4,
The Overlooked Japanese Bonds: Why Japan Could Be a “Ticking Time Bomb” for Global Financial Stability?
TradingKey - After three decades of economic stagnation, Japan’s financial environment is undergoing a significant transformation. The Bank of Japan (BoJ) has initiated a tightening cycle through interest rate hikes and reduced bond purchases—triggering volatility in both the yen exchange rate and..
