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

Creative Media & Community Trust

15/11/2022 04:42

* Creative Media & Community Trust Corporation  CMCT.OQ 
reported
a quarterly adjusted loss of 50 cents​​ per share for the
quarter ended in September. The mean expectation of two analysts
for the quarter was for a loss of 13 cents per share.
    * Revenue rose 2.5% to $24.85 million from a year ago;
analysts
expected $25.47 million. 
    * Creative Media & Community Trust Corporation's reported
EPS for
the quarter was a loss of 50 cents​.
    * The mean earnings estimate of analysts had risen by
about 14.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Creative Media & Community Trust Corporation shares
had risen
by 1.7% this quarter and lost 11.6% so far this year.
    * The company reported a quarterly loss of $11.68 million.
    * Wall Street's median 12-month price target for Creative
Media &
Community Trust Corporation is $10.00 
    * 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 Refinitiv data November
15 at 04:42 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.08           -0.07          Missed
 Jun. 30 2022      0.16           0.11           Missed
 Mar. 31 2022      0.12           0.09           Missed
 Dec. 31 2021      0.04           0.03           Missed