earnings
confidence medium
sentiment negative
materiality 0.50
ACR Q1 2022 GAAP net loss $2.8M ($0.30/diluted share)
ACRES Commercial Realty Corp.
2022-Q1 EPS reported
-$0.30
revenue$10,923,000
- GAAP net loss allocable to common shares was $2.8 million, or $(0.30) per diluted share for Q1 2022.
- CEO Mark Fogel highlighted credit quality focus and proactive portfolio management.
- Full earnings presentation available on company website; conference call held May 5, 2022.