Claros Mortgage Trust Inc expected to post earnings of 34cents a share - Earnings Preview

Claros Mortgage Trust

08/11/2022 03:02

* Claros Mortgage Trust Inc  CMTG.N   CMTG.K  is expected
to show
a fall in quarterly revenue when it reports  results on November
9. 
    * The New York City-based  company is expected to report  a
36.1% decrease in revenue to $65.586 million from $102.64
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Claros Mortgage
Trust Inc
is for earnings of 34 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 $19​, above​ its last closing price of $16.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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 November 8 at 03:01 GMT.  All
figures in US dollars  unless otherwise stated