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

1. Claros Mortgage Trust reported significant net losses of $100.7 million this quarter. 2. Distributable loss reached $83.2 million, impacting overall investor sentiment.

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FAQ

Why Very Bearish?

Significant losses may lead to lower investor confidence, similar to past quarterly declines.

How important is it?

Substantial losses in earnings are critical indicators for investors, impacting future valuation.

Why Short Term?

Immediate financial performance can swiftly affect stock prices, as seen in similar cases.

Related Companies

CMTG
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.

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