ACRES Commercial (ACR) Q1 Earnings Meet Estimates
ACRES Commercial (ACR) came out with quarterly earnings of $0.02 per share, in line with the Zacks Consensus Estimate . This compares to a loss of $0.86 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this commercial real estate investment trust would post a loss of $0.01 per share when it actually produced a loss of $0.48, delivering a surprise of -4700%.Over the last four quarters, the company has not been able to surpass consensus EPS estimate ...