Creative Media & Community Trust (CMCT) Reports Q2 Loss, Tops Revenue Estimates
CMCTCMCT(CMCT) ZACKS·2024-08-08 22:21

Creative Media & Community Trust (CMCT) came out with a quarterly loss of 0.09pershareversustheZacksConsensusEstimateofalossof0.09 per share versus the Zacks Consensus Estimate of a loss of 0.20. This compares to loss of 0.17pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof550.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 55%. A quarter ago, it was expected that this real estate investment trust would post a loss of 0.19 per share when it actually produced a loss of $0.19, delivering no surprise.Over the last four quarters, the ...