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ACRES Commercial Realty (ACR)
NYSE:ACR
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.18Last Year’s EPS
0.51Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: -2.90%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook for ACRES Commercial Realty Corp. The company highlighted a strong pipeline, new financing arrangements, and improved portfolio risk ratings. However, these positives were countered by significant losses, both in terms of GAAP net loss and earnings available for distribution. There were also negative impacts from seasonality and one-time charges. The sentiment is balanced between growth potential and current financial challenges.Company Guidance
During the ACRES Commercial Realty Corp. earnings call for the first quarter of 2025, the company provided detailed guidance on various financial metrics and operational strategies. Loan payoffs for the period amounted to $115.9 million, while a new commitment of $15 million was closed and $12 million was funded, resulting in a net reduction of the loan portfolio by $109.6 million. The company's commercial real estate loan portfolio stands at $1.4 billion across 48 investments, with a weighted average spread of 3.67% over 1-month term SOFR rates. Risk ratings improved slightly, with the number of loans rated 4 or 5 decreasing from 12 to 11. The company reported a GAAP net loss of $5.9 million or $0.80 per share diluted, and an EAD loss of $0.86 per share. The total allowance for credit losses was $31.1 million, representing 2.26% of the loan portfolio. A new $940 million financing facility with JPMorgan was closed, with a 2-year reinvestment period. The GAAP book value per share was $28.50, and available liquidity was $87 million. The company anticipates further portfolio growth of $300 million to $500 million by the end of the year, despite the current economic volatility, with an active pipeline of new loan opportunities.Pipeline of High-Quality Investments
ACRES Commercial Realty Corp. continues to develop a pipeline of high-quality investments, actively managing the portfolio, and focusing on growing earnings and book value for shareholders.
New Financing Facility with JPMorgan
Closed a new $940 million financing facility with JPMorgan, providing a 2-year reinvestment period for reinvestment of principal proceeds from asset repayments into qualifying replacement assets.
Loan Sales and Portfolio Health
Sold a $20.6 million loan at par and another loan with a minor loss, demonstrating proactive asset management.
Decreased Risk in Loan Portfolio
The number of loans rated 4 or 5 decreased from 12 to 11, indicating improved risk ratings.
Strong Pipeline and Market Opportunities
The investment pipeline is strong, with expectations of net portfolio growth between $300 million and $500 million despite payoffs.
ACR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ACR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $19.33 | $18.62 | -3.67% |
Mar 05, 2025 | $20.14 | $20.76 | +3.08% |
Oct 30, 2024 | $15.17 | $15.30 | +0.86% |
Jul 31, 2024 | $14.32 | $14.83 | +3.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does ACRES Commercial Realty (ACR) report earnings?
ACRES Commercial Realty (ACR) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is ACRES Commercial Realty (ACR) earnings time?
ACRES Commercial Realty (ACR) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACR EPS forecast?
ACR EPS forecast for the fiscal quarter 2025 (Q2) is 0.18.