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Ares Commercial Real Estate: Q3 Earnings Snapshot

Barchart·11/06/2026 05:04:49
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NEW YORK (AP) — NEW YORK (AP) — Ares Commercial Real Estate Corp. (ACRE) on Friday reported third-quarter profit of $10 million.

On a per-share basis, the New York-based company said it had profit of 18 cents. Earnings, adjusted for non-recurring gains, were 12 cents per share.

The real estate investment trust posted revenue of $13.5 million in the period. Its adjusted revenue was $26.9 million.

The company's shares closed at $3.40. A year ago, they were trading at $4.62.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACRE at https://www.zacks.com/ap/ACRE