Creative Media & Community Trust Co. (CMCT) to Release 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. Investors interested in participating in the company’s conference call can do so using this link.

Creative Media & Community Trust Co. (NASDAQ:CMCT) last issued its quarterly earnings results on Friday, March 7th. The real estate investment trust reported ($0.75) earnings per share (EPS) for the quarter. The firm had revenue of $27.46 million for the quarter. During the same quarter 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. Trading Up 1.5 %

Shares of CMCT stock opened at $0.25 on Tuesday. Creative Media & Community Trust Co. has a fifty-two week low of $0.22 and a fifty-two week high of $44.01. The company has a 50 day moving average price of $0.68 and a 200 day moving average price of $3.90. The stock 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 debt-to-equity ratio of 438.44, a quick ratio of 2.71 and a current ratio of 2.71.

Wall Street Analysts Forecast Growth

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

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.