Creative Media & Community Trust Corporation Reports 2024 Third Quarter Results
Creative Media & Community Trust Corporation (CMCT)
Last creative media & community trust corporation earnings: 3/16 08:00 am
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investors.cimcommercial.com
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Source: Business Wire
DALLAS--(BUSINESS WIRE)--Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) (“we”, “our”, “CMCT”, or the “Company”), today reported operating results for the three months ended September 30, 2024.Third Quarter 2024 HighlightsReal Estate PortfolioSame-store office portfolio(2) was 72.9% leased.Executed 4,850 square feet of leases with terms longer than 12 months.Financial ResultsNet loss attributable to common stockholders of $34.8 million, or $1.22 per diluted share.Funds from operations attributable to common stockholders (“FFO”)(3)1 was $(28.4) million, or $(1.00) per diluted share.Core FFO attributable to common stockholders(4)1 was $(11.5) million, or $(0.40) per diluted share.In September 2024, the Company suspended its offering of Series A1 Preferred Stock and redeemed a total of 2,589,606 and 2,167,156 shares of Series A1 Preferred Stock and Series A Preferred stock, respectively, which were paid in shares of the Company’s Common Stock, resulting in the to
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CMCT
News
- Creative Media & Community Trust Co. (NASDAQ: CMCT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Creative Media & Community Trust (CMCT) Q3 2024 Earnings Call Highlights: Navigating Market ... [Yahoo! Finance]Yahoo! Finance
- CMCT Announces Close of Co-Investment at Premier Los Angeles Multifamily PropertyBusiness Wire
- Creative Media & Community Trust Co. (NASDAQ: CMCT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Creative Media & Community Trust Announces Date for Its Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
CMCT
Earnings
- 11/8/24 - Miss
CMCT
Sec Filings
- 11/8/24 - Form 10-Q
- 11/8/24 - Form 8-K
- 10/29/24 - Form 8-K
- CMCT's page on the SEC website