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ACRES Commercial Realty: Q4 Earnings Insights

ACRES Commercial Realty (NYSE:ACR) reported its Q4 earnings results on Thursday, March 3, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

ACRES Commercial Realty (NYSE:ACR) reported its Q4 earnings results on Thursday, March 3, 2022 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

ACRES Commercial Realty beat estimated earnings by 57.14%, reporting an EPS of $0.22 versus an estimate of $0.14.

Revenue was up $6.39 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.62 which was followed by a 6.19% drop in the share price the next day.

 

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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