Claros Mortgage Trust (NYSE:CMTG) reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Claros Mortgage Trust missed estimated earnings by 7.14%, reporting an EPS of $0.26 versus an estimate of $0.28.
Revenue was down $7.64 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.45 which was followed by a 3.55% drop in the share price the next day.
Here’s a look at Claros Mortgage Trust’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.29 | 0.3 | 0.36 | 0.38 |
| EPS Actual | -0.16 | -0.1 | 0.29 | 0.38 |
| Revenue Estimate | 71.87M | 80.99M | 79.76M | 70.29M |
| Revenue Actual | 80.55M | 80.92M | 69.10M | 83.62M |
To track all earnings releases for Claros Mortgage Trust visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
