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Ares Comml Real Est Q2 Adj. EPS $0.12 Beats $0.05 Estimate, Sales $14.356M Beat $12.540M Estimate
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Ares Comml Real Est (NYSE:ACRE) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.05 by 140 percent. This is a 123.53 percent increase over losses of $(0.51) per share from the same period last year. The company reported quarterly sales of $14.356 million which beat the analyst consensus estimate of $12.540 million by 14.48 percent. This is a 14.25 percent increase over sales of $12.565 million the same period last year.
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