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Q1: 2026-05-06 Earnings Summary
EPS of -$0.52 misses by $0.28
|
Revenue of
$29.52M
(-31.94% Y/Y)
misses by $2.48M
Claros Mortgage Trust, Inc. (CMTG) Q1 2026 Earnings Call May 7, 2026 10:00 AM EDT
Company Participants
Anh Huynh - Vice President of Investor Relations
Richard Mack - Chairman & CEO
John McGillis - President, CFO, Principal Financial & Accounting Officer and Director
Priyanka Garg - Executive Vice President of Portfolio & Asset Management
Conference Call Participants
Jade Rahmani - Keefe, Bruyette, & Woods, Inc., Research Division
Presentation
Operator
Good morning, and welcome to Claros Mortgage Trust's First Quarter Earnings Conference Call. My name is Tracy, and I will be your conference facilitator today. [Operator Instructions].
I would now like to hand the call over to Anh Huynh, Vice President of Investor Relations for Claros Mortgage Trust. Please proceed.
Anh Huynh
Vice President of Investor Relations
Thank you. I'm joined by Richard Mack, Chief Executive Officer and Chairman of Claros Mortgage Trust; and Mike McGillis, President, Chief Financial Officer and Director of Claros Mortgage Trust. We also have Priyanka Garg, Executive Vice President, who leads Credit Strategies for Mack Real Estate Group.
Prior to this call, we distributed CMTG's earnings release and supplement. We encourage you to reference these documents in conjunction with the information presented on today's call. If you have any questions, please contact me.
I'd like to remind everyone that today's call may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in our other filings with the SEC. Any forward-looking statements made on this call represent our views only as of today, and we undertake no obligation to update them.
We will also be referring to certain non-GAAP financial measures on today's call, such as distributable earnings, which we believe may
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