earnings
confidence medium
sentiment neutral
materiality 0.60
ACR posts Q3 2022 GAAP net income of $713K, or $0.08 diluted EPS
ACRES Commercial Realty Corp.
2022-Q3 EPS reported
-$0.15
revenue$51,929,000
- GAAP net income allocable to common shares was $713,000 ($0.08 diluted EPS) for Q3 2022.
- President & CEO Mark Fogel stated focus on growing earnings and book value for shareholders.
- Full earnings presentation available on company website, but no revenue or guidance figures disclosed.
- Earnings conference call scheduled for November 3, 2022 at 5:00 p.m. Eastern Time.