ACRES Commercial Realty reports Q4 2022 GAAP net loss of $7.4M, or $0.87 per share

ACRES Commercial Realty Corp.

GAAP net loss allocable to common shares was $7.4 million ($0.87 diluted EPS) for Q4 2022.
CEO Mark Fogel cited portfolio quality and focus on preserving shareholder value.
Full earnings presentation available at www.acresreit.com.
Conference call scheduled for March 2, 2023 at 5:00 PM ET.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ACRES Commercial Realty Corp. reported the quarter ended December 31, 2022 results: net income $7.4 million, EPS $0.87 per share-diluted.

Period: the quarter ended December 31, 2022
Net income: $7.4 million
EPS: $0.87 per share-diluted
Result: reported results

Exact text from the filing

ACR's GAAP net loss allocable to common shares was $7.4 million, or $0.87 per share-diluted, for the quarter ended December 31, 2022.

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Source: SEC EDGAR

accession 0000950170-23-005836

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