Lument Finance Trust Inc expected to post earnings of 7 cents a share - Earnings Preview

Lument Finance Trust

04/08/2021 03:02

* Lument Finance Trust Inc  LFT.N   LFT  is expected to show a
fall in quarterly revenue when it reports results on August 5
(estimated). 
* The New York City, New York-based company is expected to
report   a 2.3% decrease in revenue to $4.675 million from $4.78
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Lument Finance Trust
Inc is for earnings of 7 cents per share. For the same quarter
last year, the company reported earnings of 9 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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​, about 9.6% above​ its last closing price
of $4.07. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.09        0.08       0.11      Beat    46.7​
 Jun. 30 2020  0.08        0.08       0.09      Beat    20
 Mar.          0.07​       0.08       0.09      Beat    20​
 31​ 2020​                                              
 Dec. 31 2019              0.10       0.06      Missed  -36.8​
 Sep. 30 2019  0.10        0.10       0.10      Met     5.3
 Jun. 30 2019  0.10        0.10       0.09      Missed  -10
 This summary was machine generated August 4 at 02:01 GMT.  All
figures in US dollars unless otherwise stated