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Acres Commercial Realty Corp   (ACR)
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Price: $11.4500 $0.24 2.141%
Day's High: $11.78 Week Perf: 2.51 %
Day's Low: $ 11.13 30 Day Perf: 15.66 %
Volume (M): 84 52 Wk High: $ 11.78
Volume (M$): $ 965 52 Wk Avg: $8.89
Open: $11.13 52 Wk Low: $6.62



 Market Capitalization (Millions $) 98
 Shares Outstanding (Millions) 9
 Employees -
 Revenues (TTM) (Millions $) 92
 Net Income (TTM) (Millions $) 13
 Cash Flow (TTM) (Millions $) 23
 Capital Exp. (TTM) (Millions $) 0

Acres Commercial Realty Corp
Acres Commercial Realty Corp is a real estate investment trust (REIT) that primarily focuses on the acquisition, development, and management of commercial properties. The company specializes in office, medical, and retail properties across various locations in the United States. Acres Commercial Realty Corp aims to generate rental income and capital appreciation through its real estate portfolio. The company may also engage in property leasing, leasing-related services, and financing operations. Overall, Acres Commercial Realty Corp is dedicated to maximizing shareholder value through successful real estate investment and management strategies.


   Company Address: 390 RXR Plaza Uniondale 11556 NY
   Company Phone Number: 535-0015   Stock Exchange / Ticker: NYSE ACR
   


   

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Acres Commercial Realty Corp

Stunning Revenue Surge in Latest Fiscal Period for Acres Commercial Realty Corp

Acres Commercial Realty Corp (ACR) is a real estate company that focuses on commercial properties. In the fiscal year ending on September 30, 2023, the company experienced significant growth in key financial metrics.
Earnings per share (EPS) soared by an impressive 312.5% to $0.33 per share compared to the prior year period. This remarkable growth in EPS indicates that Acres Commercial Realty Corp has been able to improve its profitability and generate more earnings for its shareholders.

Acres Commercial Realty Corp

Acres Commercial Realty Corp Outshines in Q2 2023 with Striking Revenue Increase and Profit Hike

Acres Commercial Realty Corp, a Real Estate Investment Trusts (REITs) company, recently reported its second-quarter earnings for 2023, leaving investors and analysts bewildered by the impressive results. The company saw a significant increase in revenue, with a 17.698% rise to $23.62 million compared to the same period last year. Additionally, profits were up by 25% at $0.10 per share.
This positive performance in revenue correlates with the overall growth of the REITs industry, which saw a 4.99% advance in the same period. Acres Commercial Realty Corp outpaced its industry peers in terms of revenue growth, demonstrating its ability to navigate a competitive market successfully. Comparing these figures to the previous financial reporting period, revenue advanced by 12.176% from $21.06 million, and profits increased by 0.65% from $5.522 million to $5.558 million.






 

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