Creative Media & Community Trust Co. (CMCT) Expected to Announce 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. Parties that wish to listen 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 prior year, the company earned ($6.66) EPS. 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 Up 17.6 %

NASDAQ:CMCT opened at $0.29 on Wednesday. The company has a market cap of $3.89 million, a P/E ratio of -0.01 and a beta of 0.42. The stock’s fifty day moving average price is $0.74 and its two-hundred day moving average price is $4.44. 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.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Creative Media & Community Trust Co. in a research report on Friday, January 10th. 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.