Ares Commercial Real Estate (ACRE Quick QuoteACRE - Free Report) reported $40.85 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 21.4%. EPS of -$0.12 for the same period compares to $0.35 a year ago.

The reported revenue represents a surprise of -2.34% over the Zacks Consensus Estimate of $41.83 million. With the consensus EPS estimate being $0.19, the EPS surprise was -163.16%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Ares Commercial Real Estate performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenue- Revenue from real estate owned

  : $3.43 million versus the two-analyst average estimate of $3.35 million.

• Revenue- Interest income

  : $40.85 million versus $41.83 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -21.4% change.

• Revenue- Net interest margin

  : $13.36 million compared to the $16.68 million average estimate based on two analysts. The reported number represents a change of -46.5% year over year.

View all Key Company Metrics for Ares Commercial Real Estate here>>>

Shares of Ares Commercial Real Estate have returned +3% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.