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ESTIMATED
05/09/2024
05/09/2024
(AS OF MARCH 31)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|---|---|---|---|
| Q1 2024 | 1 | $0.22 | $0.22 | $0.22 |
| Q2 2024 | 2 | -$0.13 | -$0.13 | -$0.13 |
| Q3 2024 | 0 | $0.09 | $0.09 | $0.09 |
| Q4 2024 | 0 | $0.02 | $0.02 | $0.02 |
| Q1 2025 | 1 | $0.16 | $0.16 | $0.16 |
| Q2 2025 | 1 | $0.16 | $0.16 | $0.16 |
| Q3 2025 | 1 | $0.17 | $0.17 | $0.17 |
| Q4 2025 | 1 | $0.18 | $0.18 | $0.18 |
| Q1 2026 | 0 | $0.29 | $0.29 | $0.29 |
| Q2 2026 | 0 | $0.29 | $0.29 | $0.29 |
| Q3 2026 | 0 | $0.29 | $0.29 | $0.29 |
| Q4 2026 | 0 | $0.29 | $0.29 | $0.29 |
Ares Commercial Real Estate Corporation last posted its earnings results on Thursday, May 9th, 2024. The company reported $-0.62 earnings per share for the quarter, missing analysts' consensus estimates of $-0.3 by $0.32. The company had revenue of 1.79 M for the quarter and had revenue of 192.08 M for the year. Ares Commercial Real Estate Corporation has generated $-1 earnings per share over the last year ($-0.72 diluted earnings per share) and currently has a price-to-earnings ratio of -8.2. Ares Commercial Real Estate Corporation has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, July 31st, 2024 based on prior year's report dates.
| Date | Quarter | Consensus Estimate | Reported EPS | Beat/Miss | Revenue Estimate | Actual Revenue | 05/08/2024 | Q1 2024 | -$0.30 | -$0.23 | 0.07 | $19.27 M | $1.79 M | 02/21/2024 | Q4 2023 | -$0.40 | -$0.73 | -0.33 | $24.63 M | $47.51 M | 11/03/2023 | Q3 2023 | $0.23 | $0.17 | -0.06 | $23.88 M | 08/01/2023 | Q2 2023 | $0.32 | -$0.04 | -0.36 | $24.99 M | 05/01/2023 | Q1 2023 | $0.31 | -$0.12 | -0.43 | $28.51 M | $20.89 M | 02/14/2023 | Q4 2022 | $0.36 | $0.05 | -0.31 | $27.83 M | $30.41 M | 11/02/2022 | Q3 2022 | $0.35 | $0.01 | -0.34 | $27.27 M | 07/28/2022 | Q2 2022 | $0.33 | $0.20 | -0.13 | $25.15 M | 05/02/2022 | Q1 2022 | $0.36 | $0.34 | -0.02 | $26.22 M | 02/14/2022 | Q4 2021 | $0.37 | $0.36 | -0.01 | $26.95 M | $30.11 M | 11/02/2021 | Q3 2021 | $0.34 | $0.21 | -0.13 | $24.94 M | $27.20 M | 07/29/2021 | Q2 2021 | $0.35 | $0.43 | 0.08 | $22.67 M | $23.53 M | 05/03/2021 | Q1 2021 | $0.36 | $0.46 | 0.1 | $21.22 M | 02/17/2021 | Q4 2020 | $0.35 | $0.44 | 0.09 | $20.03 M | $21.21 M | 10/28/2020 | Q3 2020 | $0.21 | $0.45 | 0.24 | $17.35 M | $22.36 M | 08/05/2020 | Q2 2020 | $0.25 | $0.29 | 0.04 | $19.22 M | $13.98 M | 05/07/2020 | Q1 2020 | $0.33 | -$0.54 | -0.87 | $21.13 M | 02/19/2020 | Q4 2019 | $0.36 | $0.34 | -0.02 | $21.10 M | $21.58 M | 11/07/2019 | Q3 2019 | $0.33 | $0.32 | -0.01 | $19.89 M | $19.85 M | 07/25/2019 | Q2 2019 | $0.34 | $0.34 | 0 | $17.17 M | $21.68 M |
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A. Ares Commercial Real Estate Corporation has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, July 31st, 2024 based off last year's report dates.
A. The conference call for Ares Commercial Real Estate Corporation's latest earnings report can be listened to online.
A. The conference call transcript for Ares Commercial Real Estate Corporation's latest earnings report can be read online.
A. Ares Commercial Real Estate Corporation (NYSE:ACRE) has a recorded annual revenue of $192.08 M.
A. Ares Commercial Real Estate Corporation (NYSE:ACRE) has a recorded net income of $192.08 M. Ares Commercial Real Estate Corporation has generated $-0.72 earnings per share over the last four quarters.
A. Ares Commercial Real Estate Corporation (NYSE:ACRE) has a price-to-earnings ratio of -8.2 and price/earnings-to-growth ratio is -0.29.
