CIM Commercial Trust Corp expected to post a loss of 18  cents a share - Earnings Preview

Creative Media & Community Trust

11/03/2022 12:01

* CIM Commercial Trust Corp  CMCT.OQ   CMCT.O  is expected
to show
a rise in quarterly revenue when it reports  results on March 14
(estimated). 
    * The Dallas Texas-based  company is expected to report  a
29.2% increase in revenue to $23.042 million from $17.83 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CIM Commercial
Trust Corp
is for a loss of 18 cents per share. For the same quarter last
year, the company reported a loss of 60 cents per share.
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CIM
Commercial
Trust Corp is $13​, above​ its last closing price of $8.05. ​​​

This summary was machine generated March 11 at 12:01 GMT.  All
figures in US dollars  unless otherwise stated