Ares Commercial Real Estate Past Earnings Performance
Past criteria checks 0/6
Ares Commercial Real Estate's earnings have been declining at an average annual rate of -35.6%, while the Mortgage REITs industry saw earnings growing at 6.7% annually. Revenues have been declining at an average rate of 11.6% per year.
Key information
-35.6%
Earnings growth rate
-39.8%
EPS growth rate
Mortgage REITs Industry Growth | 4.6% |
Revenue growth rate | -11.6% |
Return on equity | -8.4% |
Net Margin | -95.7% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ares Commercial Real Estate makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 51 | -49 | 26 | 0 |
31 Mar 24 | 37 | -45 | 26 | 0 |
31 Dec 23 | 1 | -39 | 26 | 0 |
30 Sep 23 | 42 | 3 | 27 | 0 |
30 Jun 23 | 29 | -5 | 28 | 0 |
31 Mar 23 | 42 | 7 | 28 | 0 |
31 Dec 22 | 60 | 30 | 28 | 0 |
30 Sep 22 | 78 | 44 | 27 | 0 |
30 Jun 22 | 91 | 53 | 25 | 0 |
31 Mar 22 | 100 | 61 | 23 | 0 |
31 Dec 21 | 102 | 60 | 22 | 0 |
30 Sep 21 | 94 | 58 | 21 | 0 |
30 Jun 21 | 97 | 63 | 20 | 0 |
31 Mar 21 | 91 | 55 | 19 | 0 |
31 Dec 20 | 63 | 22 | 18 | 0 |
30 Sep 20 | 59 | 17 | 18 | 0 |
30 Jun 20 | 56 | 11 | 18 | 0 |
31 Mar 20 | 56 | 11 | 18 | 0 |
31 Dec 19 | 77 | 37 | 17 | 0 |
30 Sep 19 | 70 | 37 | 17 | 0 |
30 Jun 19 | 64 | 38 | 17 | 0 |
31 Mar 19 | 56 | 38 | 16 | 0 |
31 Dec 18 | 55 | 39 | 16 | 0 |
30 Sep 18 | 52 | 35 | 16 | 0 |
30 Jun 18 | 52 | 36 | 15 | 0 |
31 Mar 18 | 49 | 33 | 15 | 0 |
31 Dec 17 | 46 | 30 | 15 | 0 |
30 Sep 17 | 48 | 32 | 15 | 0 |
30 Jun 17 | 45 | 28 | 15 | 0 |
31 Mar 17 | 45 | 27 | 15 | 0 |
31 Dec 16 | 45 | 26 | 14 | 0 |
30 Sep 16 | 45 | 25 | 14 | 0 |
30 Jun 16 | 45 | 25 | 14 | 0 |
31 Mar 16 | 47 | 26 | 14 | 0 |
31 Dec 15 | 50 | 27 | 14 | 0 |
30 Sep 15 | 60 | 29 | 21 | 0 |
30 Jun 15 | 63 | 27 | 28 | 0 |
31 Mar 15 | 69 | 27 | 35 | 0 |
31 Dec 14 | 38 | 23 | 14 | 0 |
30 Sep 14 | 63 | 19 | 39 | 0 |
30 Jun 14 | 60 | 22 | 35 | 0 |
31 Mar 14 | 47 | 18 | 27 | 0 |
31 Dec 13 | 35 | 14 | 20 | 0 |
30 Sep 13 | 24 | 12 | 13 | 0 |
Quality Earnings: 41I is currently unprofitable.
Growing Profit Margin: 41I is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 41I is unprofitable, and losses have increased over the past 5 years at a rate of 35.6% per year.
Accelerating Growth: Unable to compare 41I's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 41I is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (-5.8%).
Return on Equity
High ROE: 41I has a negative Return on Equity (-8.36%), as it is currently unprofitable.