Claros Mortgage Trust Inc expected to post earnings of 10 cents a share - Earnings Preview

Claros Mortgage Trust

06/11/2024 05:08

* Claros Mortgage Trust Inc  CMTG.N   CMTG.K  is expected
to show
a fall in quarterly revenue when it reports  results on November
7 for the period ending September 30 2024
    * The New York City-based  company is expected to report a
29.0% decrease in revenue to $57.18 million from $80.53 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Claros Mortgage Trust
Inc is
for earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Claros
Mortgage
Trust Inc is 7.38​, above​ its last closing price of $6.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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​
 Jan. 1 0001   0.23        0.28       -0.16     Missed  -157.1
 ​​Jun.        0.33        0.35       -0.10     Missed  -128.4
 30 2023                                                
 Jan. 1 0001   0.37        0.37       0.29      Missed  -20.5​
 Jan. 1 0001   0.39        0.39       0.38      Missed  -1.3
 Sep. 30 2022  0.34        0.34       0.33      Missed  -2.4
 This summary was machine generated November 6 at 05:08 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)