Lument Finance Trust Inc expected to post earnings of 10  cents a share - Earnings Preview

Lument Finance Trust

11/03/2022 20:19

* Lument Finance Trust Inc  LFT.N   LFT  is expected to show
a
fall in quarterly revenue when it reports  results on March 15
(estimated). 
    * The New York City-based  company is expected to report  a
23.1% decrease in revenue to $6.016 million from $7.83 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lument Finance
Trust Inc
is for earnings of 10 cents per share. For the same quarter last
year, the company reported earnings of 10 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lument
Finance
Trust Inc is $4.5​, above​ its last closing price of $3.22. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.09        0.08       0.08      Met     -4.8
 Jun. 30 2021  0.07        0.07       0.11      Beat    51.7
 Mar. 31 2021  0.10        0.09       0.11      Beat    22.2​
 Dec. 31 2020  0.10        0.09       0.10      Beat    15.4
 ​​Sep.        0.09        0.08       0.11      Beat    46.7
 30 2020                                                
 Jun. 30 2020  0.08        0.08       0.09      Beat    20​
 Mar. 31 2020  0.07        0.08       0.09      Beat    20
 Dec. 31 2019              0.10       0.06      Missed  -36.8
 This summary was machine generated March 11 at 20:19 GMT.  All
figures in US dollars  unless otherwise stated