Claros Mortgage Trust Inc reports results for the quarter ended December 31 - Earnings Summary

Claros Mortgage Trust

20/02/2025 24:12

* Claros Mortgage Trust Inc  CMTG.N  reported a quarterly
adjusted
loss of 59 cents​​ per share for the quarter ended December 31,
lower than the same quarter last year, when the company reported
EPS of 26 cents.  The mean expectation of six analysts for the
quarter was for earnings of 8 cents per share. Wall Street
expected results to range from -16 cents to 22 cents per share.
    * Revenue fell 20.7% to $60.23 million from a year ago;
analysts
expected $55.28 million. 
    * Claros Mortgage Trust Inc's reported EPS for the quarter
was a
loss of 72 cents​.
    * The company reported a quarterly loss of $100.7 million.
    * Claros Mortgage Trust Inc shares had fallen by 34.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 33.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the specialized
reits
peer group is also "hold"

Wall Street's median 12-month price target for Claros Mortgage
Trust Inc is $6.00 
This summary was machine generated from LSEG data February 20 at
12:11 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.08           -0.59          Missed
 Sep. 30 2024      0.10           -0.17          Missed
 Jun. 30 2024      0.17           0.20           Beat
 Mar. 31 2024      0.20           -0.12          Missed