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

Creative Media & Community Trust

28/03/2024 05:17

* Creative Media & Community Trust Corporation  CMCT.OQ 
reported
a quarterly adjusted loss of 72 cents​​ per share for the
quarter ended in December, lower than the same quarter last
year, when the company reported EPS of -39 cents.  The lone
analyst forecast for the quarter was for a loss of 48 cents per
share. 
    * Revenue rose 13.9% to $29.47 million from a year ago;
analysts
expected $30.20 million. 
    * Creative Media & Community Trust Corporation's reported
EPS for
the quarter was a loss of 72 cents​.
    * The company reported a quarterly loss of $16.26 million.
    * Creative Media & Community Trust Corporation shares
had risen
by 13.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 
    * Wall Street's median 12-month price target for Creative
Media &
Community Trust Corporation is $6.00 

This summary was machine generated from LSEG data March 28 at
05:16 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.17          -0.37          Missed
 Sep. 30 2023      0.02           -0.31          Missed
 Jun. 30 2023      0.02           -0.17          Missed
 Mar. 31 2023      0.06           -0.06          Missed