earnings
confidence medium
sentiment neutral
materiality 0.50
ACR reports Q2 2023 GAAP net income of $817K ($0.10 diluted EPS)
ACRES Commercial Realty Corp.
2023-Q2 EPS reported
-$0.19
revenue$44,680,000
- GAAP net income allocable to common shares was $817,000, or $0.10 per diluted share.
- CEO Mark Fogel cited proactive asset management and a commitment to expansion and shareholder value.
- Full earnings presentation available on the Company's website at www.acresreit.com.
- Earnings call scheduled for August 3, 2023 at 11:00 a.m. ET (dial-in provided).