Creative Media & Community Trust Corporation reports results for the quarter ended in December - Earnings Summary

Creative Media & Community Trust

31/03/2023 16:01

* Creative Media & Community Trust Corporation  CMCT.OQ 
reported
a quarterly adjusted loss of 39 cents​​ per share for the
quarter ended in December. The mean expectation of two analysts
for the quarter was for a loss of 16 cents per share.
    * Revenue rose 3% to $25.87 million from a year ago;
analysts
expected $25.22 million. 
    * Creative Media & Community Trust Corporation's reported
EPS for
the quarter was a loss of 39 cents​.
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Creative Media & Community Trust Corporation shares
had fallen
by 18.9% this quarter.
    * The company reported a quarterly loss of $8.94 million.
    * Wall Street's median 12-month price target for Creative
Media &
Community Trust Corporation is $8.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 31 at 03:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.04           0.11           Beat
 Sep. 30 2022      0.08           -0.07          Missed
 Jun. 30 2022      0.16           0.11           Missed
 Mar. 31 2022      0.12           0.09           Missed