Creative Media Q2 2024 Core FFO $(0.09) Beats $(0.28) Estimate, Sales $34.439M Beat $16.313M Estimate
Portfolio Pulse from Benzinga Newsdesk
Creative Media reported Q2 2024 Core FFO of $(0.09), beating the estimate of $(0.28). Sales were $34.439M, surpassing the $16.313M estimate.
August 08, 2024 | 12:02 pm
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POSITIVE IMPACT
Creative Media's Q2 2024 Core FFO of $(0.09) beat the estimate of $(0.28), and sales of $34.439M surpassed the $16.313M estimate, indicating stronger-than-expected financial performance.
The better-than-expected Core FFO and sales figures suggest that Creative Media is performing well financially, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100