Creative Media & Community Trust Co. (CMCT) Expected to Announce Quarterly Earnings on Wednesday

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

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

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

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Creative Media & Community Trust Co. in a report on Saturday. They set a “sell” rating for the company.

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.