Claros Mortgage Trust Inc CMTG.N, CMTG.K is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025
The New York City-based company is expected to report a 27.0% decrease in revenue to $42.94 million from $58.83 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Claros Mortgage Trust Inc is for a loss of 9 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 20.0% in the last three months.
Wall Street's median 12-month price target for Claros Mortgage Trust Inc is $3.00, above its last closing price of $2.60.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.02
0.08
-0.59
Missed
-837.5
Sep. 30 2024
0.11
0.10
-0.17
Missed
-272.9
Jun. 30 2024
0.17
0.17
0.20
Beat
17.6
Mar. 31 2024
0.20
0.20
-0.12
Missed
-158.8
Dec. 31 2023
0.31
0.28
0.26
Missed
-5.5
Sep. 30 2023
0.23
0.28
-0.16
Missed
-157.1
Jun. 30 2023
0.33
0.35
-0.10
Missed
-128.4
Mar. 31 2023
0.37
0.37
0.29
Missed
-20.5
This summary was machine generated May 5 at 21:54 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)