Apr. 30 at 8:15 PM
$ACR reports Q1 GAAP net loss of
$5.9M (-
$0.80/share). CEO touts new financing facility and 'aggressive' portfolio management. Trading at 31% of book value, but when red ink flows, value investors start asking hard questions. Earnings call tomorrow may clarify path forward.
https://www.prnewswire.com/news-releases/acres-commercial-realty-corp-reports-results-for-first-quarter-2025-302443102.html