ACRES Commercial (ACR) Q1 Earnings and Revenues Miss Estimates

分组1 - ACRES Commercial reported quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.42 per share, and down from $0.52 per share a year ago, representing an earnings surprise of -61.90% [1] - The company posted revenues of $11.36 million for the quarter, missing the Zacks Consensus Estimate by 12.62%, and down from $13.95 million year-over-year [1] - Over the last four quarters, ACRES Commercial has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [1] 分组2 - ACRES Commercial shares have increased approximately 38.3% since the beginning of the year, outperforming the S&P 500's gain of 5.6% [2] - The current consensus EPS estimate for the upcoming quarter is $0.61 on revenues of $13.5 million, and for the current fiscal year, it is $2.20 on revenues of $53.6 million [4] - The Zacks Industry Rank for REIT and Equity Trust is currently in the bottom 31% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [5]