Claros Mortgage Trust Inc expected to post earnings of 37  cents a share - Earnings Preview

Claros Mortgage Trust

29/04/2023 03:04

* Claros Mortgage Trust Inc  CMTG.N   CMTG.K  is expected
to show
a rise in quarterly revenue when it reports  results on May 2. 
    * The New York City-based  company is expected to report  a
37.7% increase in revenue to $79.764 million from $57.93 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 37 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 risen by
about 1.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Claros
Mortgage
Trust Inc is $15​, above​ its last closing price of $11.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.39        0.39       0.38      Missed  -1.3
 Sep. 30 2022  0.34        0.34       0.33      Missed  -2.4
 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.        0.29        0.30       0.30      Met     -0.7
 31 2021                                                
                                                        ​
 This summary was machine generated April 29 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated