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CMTG — Claros Mortgage Trust News Story

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

Claros Mortgage Trust Inc CMTG.N reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -12 cents.  The mean expectation of six analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -32 cents to 14 cents per share.

Revenue fell 26.3% to $43.38 million from a year ago; analysts expected $42.94 million.

Claros Mortgage Trust Inc's reported EPS for the quarter was a loss of 56 cents​.

The company reported a quarterly loss of $78.62 million.

Claros Mortgage Trust Inc shares had fallen by 31.9% this quarter and lost 43.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 238.9% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

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 $3.00

This summary was machine generated from LSEG data May 7 at 11:16 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.09-0.25Missed
Dec. 31 20240.08-0.59Missed
Sep. 30 20240.10-0.17Missed
Jun. 30 20240.170.20Beat

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