Ares Commercial Real Estate Corp. (ACRE) CEO Bryan Donohoe on Q4 2019 Results - Earnings Call Transcript

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Q4: 2020-02-20 Earnings Summary

EPS of $0.33 misses by $0.01
 | Revenue of $13.49M (-7.11% Y/Y) misses by $1.07M

Ares Commercial Real Estate Corp. (NYSE:ACRE) Q4 2019 Results Conference Call February 20, 2020 11:00 AM ET

Company Participants

Veronica Mayer - IR
Bryan Donohoe - CEO
Tae-Sik Yoon - CFO

Conference Call Participants

Doug Harter - Credit Suisse
Steve DeLaney - JMP Securities
Jade Rahmani - KBW
Stephen Laws - Raymond James
Rick Shane - JP Morgan

Operator

Good morning and welcome to the Ares Commercial Real Estate Corporation's Conference Call to discuss the Company's Fourth Quarter and Full Year 2019 Financial Results. As a reminder, this conference is being recorded on February 20, 2020.

I will now turn the call over to Veronica Mayer from Investor Relations. Please go ahead.

Veronica Mayer

Thank you, Chad. Good morning and thank you for joining us on today's conference call. I am joined by today by our new CEO, Bryan Donohoe; David Roth, our President; and Tae-Sik Yoon, our CFO.

In addition to our press release and the 10-K that we filed with the SEC, we have posted an earnings presentation under the Investor Resources section of our website at www.arescre.com.

Before we begin, I want to remind everyone that comments made during the course of this conference call and webcast and the accompanying documents contain forward-looking statements and are subject to risks and uncertainties. Many of these forward-looking statements can be identified by the use of words such as anticipates, believes, expects, intends, will, should, may and similar expressions.

These forward-looking statements are based on management's current expectations of market conditions and management's judgment. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. The company's actual results could differ materially from those expressed in the forward-looking statements, as a result of a number of factors including those listed in its SEC filings. Ares Commercial Real

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