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

Claros Mortgage Trust

09/11/2022 23:44

* Claros Mortgage Trust Inc  CMTG.N  reported quarterly
adjusted
earnings of 33 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 34 cents per share.
    * Revenue fell 25.5% to $76.42 million from a year ago;
analysts
expected $65.59 million. 
    * Claros Mortgage Trust Inc's reported EPS for the quarter
was 30
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Claros Mortgage Trust Inc shares had risen by 40.5% this
quarter and gained 0.7% so far this year.
    * The company reported quarterly net income of $42.07
million.
    * Wall Street's median 12-month price target for Claros
Mortgage
Trust Inc is $19.00 
    * 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." 

This summary was machine generated from Refinitiv data November
9 at 11:44 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.34           0.33           Missed
 Jun. 30 2022      0.46           0.43           Missed
 Mar. 31 2022      0.34           0.24           Missed
 Dec. 31 2021      0.30           0.30           Met