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Dec 31, 2019
Ares Commercial Real Estate Q4 2019 Earnings Report
Ares Commercial Real Estate reported strong earnings for Q4 and full year 2019, driven by higher investment activity and portfolio performance.
Key Takeaways
Ares Commercial Real Estate Corporation reported GAAP net income of $9.7 million, or $0.33 per diluted common share, and Core Earnings of $10.7 million, or $0.37 per diluted common share, for the fourth quarter of 2019. The company's strong performance was attributed to higher investment activity at attractive spreads and continued strong portfolio performance.
Delivered strong earnings in both the fourth quarter and full year 2019.
Earnings were due to higher investment activity at attractive spreads and continued strong performance of our portfolio.
Completed a $73 million equity offering year to date.
Closed $238 million of new loans year to date.
Forward Guidance
Ares Commercial Real Estate is well positioned to grow accretively and focused on enhancing earnings through investment activities and optimizing borrowing facilities.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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