Claros Mortgage Trust, Inc. Common Stock (CMTG)

CMTG stock results show that Claros Mortgage Trust missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.

Companies Reporting Before The Bell • RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022. • Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.

CMTG stock results show that Claros Mortgage Trust beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

Companies Reporting Before The Bell • Barclays (NYSE:BCS) is likely to report quarterly earnings at $0.36 per share on revenue of $7.38 billion.

U.S. housing market faces pressure as mortgage rates rise to 6.87%, highest in 2 months. Inflation data and bond yields trigger market sell-off.

Mortgage Bankers Association data indicates a significant drop in mortgage rates, hinting at improved affordability and a potential revival in the housing market.,Treasury bond yields have dropped, pushing long-term mortgage rates lower.

The Federal Reserve's interest rate hike announcements have the potential to cause significant volatility in the stock market.