Lument Finance Trust Inc expected to post earnings of 8  cents a share - Earnings Preview

Lument Finance Trust

07/05/2022 03:07

* Lument Finance Trust Inc  LFT.N   LFT  is expected to show
a
rise in quarterly revenue when it reports  results on May 9. 
    * The New York City-based  company is expected to report  a
68.2% increase in revenue to $7.599 million from $4.52 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 8 cents per share. For the same quarter last
year, the company reported earnings of 11 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Lument
Finance
Trust Inc is $3.75​, above​ its last closing price of $2.65. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.11        0.10       0.11      Beat    8.2
 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.        0.10        0.09       0.10      Beat    15.4
 31 2020                                                
 Sep. 30 2020  0.09        0.08       0.11      Beat    46.7​
 Jun. 30 2020  0.08        0.08       0.09      Beat    20
 Mar. 31 2020  0.07        0.08       0.09      Beat    20
 This summary was machine generated May 7 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated