ACRES Commercial Realty Q2 Adj. EPS $(0.74) Misses $0.18 Estimate, Sales $20.980M Beat $20.322M Estimate
ACRES Commercial Realty (NYSE:ACR) reported quarterly losses of $(0.74) per share which missed the analyst consensus estimate of $0.18 by 511.11 percent. This is a 1950 percent decrease over earnings of $0.04 per share
ACRES Commercial Realty lost way more money per share than experts thought it would, even though it sold a bit more stuff than expected. When a company loses much more than people guessed, it's a sign something went wrong that investors will want to understand.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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