ACRES Commercial Realty Corp (NYSE: ACR) is scheduled to reveal its financial results for the third quarter on Wednesday 30th October 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.
the enterprise is poised to announce an estimated $0.39 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $21.08 million for this period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $81.91 million. Additionally, the earnings per share for the company are also anticipated to reach profit of $1.59 over the course of the fiscal year.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.73. This figure was attributed to the company's total revenue, which reached an impressive $24.01 million during that same period.
ACR will host a conference call with investment community on 31st October 2024 at 10:00 AM eastern time to discuss the financial results.
ACRES Commercial Realty Corp (ACR) closed Monday's regular trading session at $15.12, indicating a 0.26 percent decrease. During the day, ACR shares traded between $15.12 and $15.32, with a day volume of 25.00 thousand shares.
