UNIONDALE, N.Y. (AP) 鈥� UNIONDALE, N.Y. (AP) 鈥� ACRES Commercial Realty Corp. (ACR) on Thursday reported first-quarter net income of $4.1 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Uniondale, New York-based company said it had net loss of 16 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 2 cents per share.
The commercial real estate investment trust posted revenue of $17.8 million in the period. Its adjusted revenue was $9.2 million.
ACRES Commercial shares have fallen 3% since the beginning of the year. The stock has climbed nearly 8% in the last 12 months.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/ACR
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
