While the top- and bottom-line numbers for Ares Commercial Real Estate (ACRE) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of -163.16% and 2.34%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
Investors need to pay close attention to Ares Commercial Real Estate (ACRE) stock based on the movements in the options market lately.