Ares Commercial Real Estate (ACRE) Misses Q2 EPS by 1c, Miss on Revenues
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Ares Commercial (ACRE) PT Lowered to $14.50 at JMP Securities on 2Q Report; 'Strong Originations Drive Portfolio Growth & Set Stage for Higher Earnings'
August 7, 2017 8:53 AM EDTJMP Securities lowered its price target on Ares Commercial (NYSE: ACRE) to $14.50 (from $15.00) while maintaining a Market Outperform rating, following the company's second quarter earnings report.
Analyst Steven DeLaney notes the company delivered second quarter earnings per share and revenues below consensus projections, despite... More
