Claros Mortgage Trust Inc reports results for the quarter ended June 30 - Earnings Summary
Claros Mortgage Trust Inc reports results for the quarter ended June 30 - Earnings Summary
Claros Mortgage Trust Inc CMTG.N reported a quarterly adjusted loss of 63 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -77 cents. The mean expectation of five analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -43 cents to -1 cents per share.
Revenue fell 42.5% to $29.71 million from a year ago; analysts expected $29.91 million.
Claros Mortgage Trust Inc's reported EPS for the quarter was a loss of $1.81.
The company reported a quarterly loss of $255.43 million.
Claros Mortgage Trust Inc shares had fallen by 9.8% this quarter and lost 30.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 75.7% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."
Wall Street's median 12-month price target for Claros Mortgage Trust Inc is $2.50, about 17.2% above its last closing price of $2.07
This summary was machine generated from LSEG data July 29 at 11:14 p.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 |
Jun. 30 2026 | -0.25 | -0.63 | Missed |
Mar. 31 2026 | -0.16 | -0.52 | Missed |
Dec. 31 2025 | -0.13 | -0.71 | Missed |
Sep. 30 2025 | -0.11 | -0.15 | Missed |
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