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CIM Commercial Trust: 4Q Earnings Snapshot

DALLAS (AP) _ CIM Commercial Trust Corp. (CMCT) on Monday reported a fourth-quarter loss of $906,000, after reporting a profit in the same period a year earlier.

The Dallas-based company said it had a loss of 11 cents per share.

The real estate investment trust posted revenue of $50.1 million in the period.

For the year, the company reported profit of $1.1 million, or 33 cents per share. Revenue was reported as $197.7 million.

CIM Commercial Trust shares have risen 21 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $18.39, an increase of 18 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMCT at https://www.zacks.com/ap/CMCT