Ares Comml Real Est Q2 Adj. EPS $(0.51) Misses $0.03 Estimate, Sales $12.565M Miss $13.582M Estimate

Benzinga
08/05

Ares Comml Real Est (NYSE:ACRE) reported quarterly losses of $(0.51) per share which missed the analyst consensus estimate of $0.03 by 1921.43 percent. This is a 325 percent decrease over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $12.565 million which missed the analyst consensus estimate of $13.582 million by 7.49 percent. This is a 25.19 percent decrease over sales of $16.797 million the same period last year.

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