ACRE Earnings Miss With 25% Sales Drop
Ares Commercial Real Estate (NYSE:ACRE), a specialty finance company focused on commercial real estate lending, reported its financial results for the second quarter of fiscal 2025 on August 4, 2025. The main news in this release was Non-GAAP earnings per share coming in at $(0.51), well below the analyst consensus of $0.00 non-GAAP EPS. Reported revenue (GAAP) dropped to $12.6 million from $16.8 million in Q2 2024. Overall, the period saw declining revenue (GAAP), and further signs of stress in the commercial real estate loan portfolio.
Source: Analyst estimates for the quarter provided by FactSet.
Ares Commercial Real Estate operates as a Real Estate Investment Trust (REIT). It lends to owners and developers of commercial real estate properties, specializing in offering loans that traditional banks may not provide. The company’s core business is to offer customized financing solutions and direct loan originations, which allows it to target higher-yielding segments of the real estate market.
Source Fool.com