Ares Commercial Real Estate Corp. (ACRE) posted third-quarter 2012 net loss attributable to common stockholders of $554 thousand or $0.06 per share. Core loss for the quarter was $418 thousand or $0.05 per share. On average, six analysts polled by Thomson Reuters expected the company to earn $0.12 per share for the quarter. Analysts' estimates typically exclude special items.
Net interest margin for the latest third quarter was $1.49 million.
Further, the company said its Board of Directors has declared a fourth quarter 2012 dividend of $0.25 per common share, payable on January 10, 2013 to common stockholders of record as of December 31, 2012. This dividend is an increase of $0.19 per share over the third quarter 2012 dividend.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.