Financials [ 7/12 ] | Mortgage Real Estate Investment Trusts (REITs) [ 55/74 ]
NYSE | Common Stock
ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States.
The company invests in commercial real estate credit investments, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and CRE equity investments.
It qualifies as a real estate investment trust for federal income tax purposes.
It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.
The company was formerly known as Exantas Capital Corp. and changed its name to ACRES Commercial Realty Corp. in February 2021.
ACRES Commercial Realty Corp. was incorporated in 2005 and is based in Uniondale, New York.
| Reported date | EPSChange YoY | EstimateSurprise |
|---|---|---|
| Feb 26, 25 | 0.48 Decreased by -12.73% | 0.38 Increased by +26.32% |
| Oct 30, 24 | 0.24 Decreased by -67.12% | 0.39 Decreased by -38.46% |
| Jul 31, 24 | 0.51 Decreased by -15.00% | 0.46 Increased by +10.87% |
| May 1, 24 | 0.16 Decreased by -69.23% | 0.46 Decreased by -65.22% |
| Feb 28, 24 | 0.55 Decreased by -8.33% | 0.48 Increased by +14.58% |
| Nov 1, 23 | 0.73 Increased by +82.50% | 0.46 Increased by +58.70% |
| Aug 2, 23 | 0.60 Increased by +33.33% | 0.44 Increased by +36.36% |
| May 3, 23 | 0.52 Increased by +308.00% | 0.46 Increased by +13.04% |
| Fiscal ending date | RevenueChange YoY | IncomeChange YoY | ProfitChange YoY |
|---|---|---|---|
| Dec 31, 24 | 28.94 M Increased by +165.38% | 9.53 M Increased by +45.43% | Increased by +32.93% Decreased by -45.20% |
| Sep 30, 24 | 39.30 M Increased by +222.48% | 8.14 M Increased by +5.40% | Increased by +20.72% Decreased by -67.32% |
| Jun 30, 24 | 50.85 M Increased by +133.98% | 6.46 M Increased by +13.86% | Increased by +12.70% Decreased by -51.34% |
| Mar 31, 24 | 49.62 M Increased by +147.74% | 5.14 M Increased by +110.58% | Increased by +10.35% Decreased by -15.00% |
| Dec 31, 23 | 10.90 M Decreased by -53.08% | 6.55 M Increased by +354.49% | Increased by +60.10% Increased by +642.42% |
| Sep 30, 23 | 12.19 M Increased by +10.41% | 7.72 M Increased by +983.45% | Increased by +63.39% Increased by +881.30% |
| Jun 30, 23 | 21.73 M Increased by +18.12% | 5.67 M Increased by +155.49% | Increased by +26.10% Increased by +146.98% |
| Mar 31, 23 | 20.03 M Increased by +116.75% | 2.44 M Increased by +17.03% | Increased by +12.18% Decreased by -46.01% |