ACRES Commercial Realty Q1 net loss of $2.4M; EPS -$0.28

ACRES Commercial Realty Corp.

2023-Q1 EPS reported -$0.28 revenue$21,058,000

GAAP net loss allocable to common shares of $2.4M, or $0.28 per share diluted.
CEO Mark Fogel cites quality of investment portfolio and focus on preserving shareholder value.
Full earnings presentation available at www.acresreit.com.
Conference call scheduled for May 4, 2023 at 11:00 a.m. ET.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ACRES Commercial Realty Corp. reported the quarter ended March 31, 2023 results: net income $2.4 million, or $0.28 per share-diluted, EPS $0.28 per share-diluted.

Period: the quarter ended March 31, 2023
Net income: $2.4 million, or $0.28 per share-diluted
EPS: $0.28 per share-diluted
Result: reported results

Exact text from the filing

ACR’s GAAP net loss allocable to common shares was $2.4 million, or $0.28 per share-diluted, for the quarter ended March 31, 2023.

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ACRES Commercial Realty Corp. filing history →

Source: SEC EDGAR

accession 0000950170-23-017215

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