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

Creative Media & Community Trust Co. (NASDAQ:CMCT) is expected 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. Parties interested in listening to the company’s conference call can do so using this link.

Creative Media & Community Trust Co. (NASDAQ:CMCT) last posted its earnings results on Friday, March 7th. The real estate investment trust reported ($0.75) earnings per share (EPS) for the quarter. The business had revenue of $27.46 million during the quarter. During the same quarter in the previous year, the business earned ($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. Price Performance

NASDAQ:CMCT opened at $0.25 on Tuesday. Creative Media & Community Trust Co. has a 52 week low of $0.22 and a 52 week high of $44.01. The stock’s fifty day moving average is $0.68 and its two-hundred day moving average is $3.90. The company has a market capitalization of $3.32 million, a P/E ratio of -0.01 and a beta of 0.42. The company has a quick ratio of 2.71, a current ratio of 2.71 and a debt-to-equity ratio of 438.44.

Analyst Ratings Changes

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

Creative Media & Community Trust Co. Company Profile

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.