Claros Mortgage Trust: Q4 Earnings Insights - Claros Mortgage Trust (NYSE:CMTG)

Claros Mortgage Trust 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.

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.

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.