Acres Commercial Realty Q2 FY26 net loss widens to $1.87 a share; revenue falls 4.08% to $20.98 million

Reuters2026/07/29 21:00

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Acres Commercial Realty posted a GAAP net loss of $12.52 million, or $1.87 a share, for the quarter ended June 30, 2026.
Non-GAAP earnings available for distribution widened to a loss of $4.95 million, or $0.74 a share, from a profit of $286,000, or $0.04 a share, a year earlier.
Revenue slipped to $20.98 million from $21.87 million a year earlier, while net interest income rose to $10.52 million from $8.57 million.
Merger and internalization costs totaled $5.11 million, while equity compensation expense rose to $4.89 million from $585,000.
Book value per share fell to $26.76 at June 30, 2026 from $29.98 at March 31, 2026, with total liquidity of $82.7 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acres Commercial Realty Corp. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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