Tremont Mortgage Trust Announces First Quarter 2020 Results

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Tremont Mortgage Trust (TRMT) Tops Q1 EPS by 2c

May 4, 2020 7:31 AM EDT

Tremont Mortgage Trust (NASDAQ: TRMT) reported Q1 EPS of $0.21, $0.02 better than the analyst estimate of $0.19.

David Blackman, President and Chief Executive Officer of TRMT, made the following statement:

During the first quarter, we closed two loans totaling $36.8 million, fully committing our investment capital. As a result of the... More