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Lument Finance Trust Inc expected to post earnings of 9 cents a share - Earnings Preview

Lument Finance Trust Inc LFT.N, LFT is expected to show a fall in quarterly revenue when it reports  results on March 13 (estimated) for the period ending December 31 2024

The New York City-based  company is expected to report a 13.2% decrease in revenue to $27.783 million from $31.99 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data. (SAL represents Total Intereset Income basis.)

​LSEG's mean analyst estimate for Lument Finance Trust Inc is for earnings of 9 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "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 $2.75​, above​ its last closing price of $2.70. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 20240.090.080.10Beat19
Jun. 30 20240.110.110.09Missed-16.7
Mar. 31 20240.130.120.15Beat30.4​
Dec. 31 20230.100.110.10Missed-5.7
​​Sep. 30 20230.080.090.11Beat27.9
Jun. 30 20230.080.070.04Missed-44.4​
Mar. 31 20230.020.050.00Missed-100
Dec. 31 20220.050.050.06Beat15.4
This summary was machine generated March 11 at 20:18 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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