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

Creative Media & Community Trust

10/08/2023 14:32

* Creative Media & Community Trust Corporation  CMCT.OQ 
reported
a quarterly adjusted loss of $1.05​​ per share for the quarter
ended in June. The lone analyst forecast for the quarter was
for a loss of 40 cents per share.
    * Revenue rose 24.1% to $32.76 million from a year ago;
analysts
expected $29.19 million. 
    * Creative Media & Community Trust Corporation's reported
EPS for
the quarter was a loss of $1.05​.
    * The mean earnings estimate of analysts had fallen by
about 42.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Creative Media & Community Trust Corporation shares
had fallen
by 12.4% this quarter and lost 10.8% so far this year.
    * The company reported a quarterly loss of $23.82 million.
    * Wall Street's median 12-month price target for Creative
Media &
Community Trust Corporation is $9.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.02           -0.17          Missed
 Mar. 31 2023      0.06           -0.06          Missed
 Dec. 31 2022      0.04           0.11           Beat
 Sep. 30 2022      0.08           -0.07          Missed