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

Claros Mortgage Trust

15/03/2022 03:07

* Claros Mortgage Trust Inc  CMTG.N  reported quarterly
adjusted
earnings of 30 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 30 cents per share.
    * Revenue was $68.26 million​;  analysts expected $56.27
million. 
    * Claros Mortgage Trust Inc's reported EPS for the quarter
was 12
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Claros Mortgage Trust Inc shares had risen by 4.9% this
quarter.
    * The company reported quarterly net income of $17.03
million.
    * Wall Street's median 12-month price target for Claros
Mortgage
Trust Inc is $18.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 15 at 03:07 a.m.  ​All
figures in US dollars unless otherwise stated