Claros Mortgage Trust Q4 2023 Adj EPS $0.26 Misses $0.28 Estimate, Sales $75.98M Beat $70.46M Estimate
Portfolio Pulse from Benzinga Newsdesk
Claros Mortgage Trust (CMTG) reported Q4 2023 adjusted EPS of $0.26, missing the $0.28 estimate, but sales of $75.98M exceeded the $70.46M estimate. This represents a 9.13% decrease in sales compared to the same period last year.
February 20, 2024 | 9:36 pm
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Claros Mortgage Trust reported a mixed Q4 2023 with an EPS miss but a sales beat, alongside a year-over-year sales decrease.
The mixed earnings report from Claros Mortgage Trust, with an EPS miss but a sales beat, could lead to neutral short-term stock price movement. Investors might be concerned about the year-over-year sales decrease, but the sales beat could offset negative sentiment.
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