Creative Media & Community Trust Corporation expected to post a loss of 56 cents a share - Earnings Preview

Creative Media & Community Trust

06/08/2024 19:33

* Creative Media & Community Trust Corporation  CMCT.OQ 
 CMCT.O  is expected to show a fall in quarterly revenue when it
reports  results on August 8 (estimated) for the period ending
June 30 2024
    * The Dallas Texas-based  company is expected to report a
50.2% decrease in revenue to $16.313 million from $32.76 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Creative Media &
Community
Trust Corporation is for a loss of 56 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Creative
Media &
Community Trust Corporation is $4.00​, above​ its last closing
price of $2.05. ​​​

This summary was machine generated August 6 at 18:33 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)