Ares Commercial Real Estate (ACRE) Misses Q1 EPS by 1c
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Ares Commercial Real Estate Corporation Reports First Quarter 2019 Results
May 1, 2019 7:00 AM EDTFirst quarter GAAP net income of $8.5 million or $0.30 per diluted common share and Core Earnings(1)Â of $9.1 million or $0.32 per diluted common share
- Subsequent to end of first quarter -
Declared second quarter 2019 dividend of $0.33 per common share
NEW YORK--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (the Company) (NYSE: ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles (GAAP) net income of $8.5 million or $0.30... More
