Ares Comml Real Est Q1 Adj. EPS $0.06 Beats $0.05 Estimate, Sales $13.460M Beat $12.820M Estimate
Ares Comml Real Est (NYSE:ACRE) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.05 by 20 percent. This is a 53.85 percent decrease over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $13.460 million which beat the analyst consensus estimate of $12.820 million by 4.99 percent. This is a 9.95 percent decrease over sales of $14.948 million the same period last year.
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