Ares Commercial Real Estate Corporation (NYSE:ACRE) will be hosting a conference call at 12:00 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community.
A live webcast with presentations will be available on the Internet by visiting the Company website www.arescre.com
Earnings Expectation
Ares Commercial Real Estate Corporation is set to announce third quarter earning results on Thursday 29th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, ACRE to report 3Q20 income of $ 0.23 per share. For the full year, analysts anticipate top line of $ 66.62 million, while looking forward to income of $ 1.14 per share bottom line.
Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of commercial real estate (CRE) properties. The company originates senior mortgage loans, subordinate debt products, real estate preferred equity investments, mezzanine loans, and other CRE investments.
