ACRES Commercial Realty (NYSE:ACR) Posts Quarterly Earnings Results, Misses Expectations By $0.42 EPS
ACRES Commercial Realty (NYSE:ACR – Get Free Report) released its quarterly earnings results on Wednesday. The company reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.42). ACRES Commercial Realty had a return on equity of 4.74% and a net margin of 35.16%.The business had revenue of $20.03 million for the quarter, compared to analyst estimates of $20.58 million.
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