Claros Mortgage Trust, Inc. (CMTG) Tops Q4 EPS by 7c

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Go back to Claros Mortgage Trust, Inc. (CMTG) Tops Q4 EPS by 7c

Claros Mortgage Trust, Inc. Reports Fourth Quarter and Full Year 2024 Results

February 19, 2025 4:46 PM EST

NEW YORK--(BUSINESS WIRE)-- Claros Mortgage Trust, Inc. (NYSE: CMTG) (the Company or CMTG) today reported its financial results for the quarter and year ended December 31, 2024. The Company reported GAAP net loss of $100.7 million and $221.3 million, or $0.72 and $1.60 per share, for the quarter and year ended December 31, 2024, respectively. Distributable Loss (a non-GAAP financial measure defined below) was $83.2 million and $95.7 million, or $0.59 and $0.67 per share, for the quarter and year ended December 31, 2024, respectively. Distributable Earnings prior to realized gains and losses was $25.4 million and $114.6 million, or $0.18 and $0.81 per share for the quarter and year ended December 31, 2024,... More