A Preview Of Ares Comml Real Est's Earnings
Portfolio Pulse from Benzinga Insights
Ares Comml Real Est (NYSE:ACRE) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $0.21. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. However, the stock has been down 20.06% over the last 52-week period.
November 02, 2023 | 5:01 pm
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Ares Comml Real Est is expected to report an EPS of $0.21 in its upcoming earnings report. The company has a history of beating EPS estimates, which has often led to a rise in share price. However, the stock has been down 20.06% over the last 52-week period.
The upcoming earnings report is highly relevant to ACRE's stock. While the company has a history of beating EPS estimates, which could potentially lead to a short-term increase in share price, the overall trend for the stock has been negative over the past year. This suggests that despite potential positive news, long-term trends may continue to impact the stock negatively.
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