Earnings Preview: Claros Mortgage Trust
Portfolio Pulse from Benzinga Insights
Claros Mortgage Trust (NYSE:CMTG) is set to release its quarterly earnings report on October 31, 2023. Analysts estimate an EPS of $0.29. The company's stock price often reacts to its earnings guidance. Last quarter, the company missed EPS by $0.40, leading to a 7.39% drop in share price. Over the last 52 weeks, shares are down 35.82%.
October 30, 2023 | 6:02 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Claros Mortgage Trust's upcoming earnings report could impact its stock price. Last quarter's EPS miss led to a 7.39% drop in share price. The stock is down 35.82% over the last 52 weeks.
The company's earnings report is a significant event that can impact its stock price. Last quarter, the company missed its EPS estimate, which led to a significant drop in its share price. Given the stock's negative performance over the past year, this upcoming earnings report could further impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100