Creative Media & Community Trust Co. (CMCT) Projected to Post Quarterly Earnings on Wednesday

Creative Media & Community Trust Co. (NASDAQ:CMCT) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of ($0.64) per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Creative Media & Community Trust Co. (NASDAQ:CMCT) last issued its quarterly earnings data on Friday, March 7th. The real estate investment trust reported ($0.75) earnings per share for the quarter. The firm had revenue of $27.46 million for the quarter. During the same quarter in the previous year, the business posted ($6.66) earnings per share. On average, analysts expect Creative Media & Community Trust Co. to post $-12 EPS for the current fiscal year and $-14 EPS for the next fiscal year.

Creative Media & Community Trust Co. Trading Down 6.5 %

Shares of Creative Media & Community Trust Co. stock opened at $0.25 on Monday. Creative Media & Community Trust Co. has a 1 year low of $0.22 and a 1 year high of $44.01. The company has a debt-to-equity ratio of 438.44, a current ratio of 2.71 and a quick ratio of 2.71. The business has a 50 day moving average price of $0.69 and a 200 day moving average price of $4.04. The company has a market capitalization of $3.27 million, a P/E ratio of -0.01 and a beta of 0.42.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Creative Media & Community Trust Co. in a research report on Saturday. They issued a “sell” rating on the stock.

About Creative Media & Community Trust Co.

Creative Media & Community Trust Corp. is a real estate investment trust that seeks to own, operate, and develop premier multifamily and creative office assets in vibrant and emerging communities throughout the United States. It operates through the following segments: Office, Hotel, and Lending.