Claros Mortgage Trust Inc expected to post earnings of 28 cents a share - Earnings Preview

Claros Mortgage Trust

16/02/2024 21:46

* Claros Mortgage Trust Inc  CMTG.N   CMTG.K  is expected
to show
a fall in quarterly revenue when it reports  results on February
20 for the period ending December 31 2023
    * The New York City-based  company is expected to report a
15.7% decrease in revenue to $70.46 million from $83.62 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Claros Mortgage Trust
Inc is
for earnings of 28 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 1 "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 $11.00​, above​ its last closing price of $10.11.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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​
 Dec. 31 2022  0.39        0.39       0.38      Missed  -1.3
 ​​Sep.        0.34        0.34       0.33      Missed  -2.4
 30 2022                                                
 Jun. 30 2022  0.46        0.46       0.43      Missed  -6.1​
 Mar. 31 2022  0.31        0.34       0.24      Missed  -28.6
 Dec. 31 2021  0.29        0.30       0.30      Met     -0.7
 This summary was machine generated February 16 at 21:46 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)