ACRES Commercial (ACR) Lags Q3 Earnings and Revenue Estimates

ACRES Commercial (ACR) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of$0.39 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -38.46$0.35 per share when it actually produced earnings of $0.51, delivering a surprise of 45.71%.Over the ...