Lument Finance Trust Inc LFT.N, LFT is expected to show a fall in quarterly revenue when it reports results on March 19 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, even its last closing price of $2.75.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.09
0.08
0.10
Beat
19
Jun. 30 2024
0.11
0.11
0.09
Missed
-16.7
Mar. 31 2024
0.13
0.12
0.15
Beat
30.4
Dec. 31 2023
0.10
0.11
0.10
Missed
-5.7
Sep. 30 2023
0.08
0.09
0.11
Beat
27.9
Jun. 30 2023
0.08
0.07
0.04
Missed
-44.4
Mar. 31 2023
0.02
0.05
0.00
Missed
-100
Dec. 31 2022
0.05
0.05
0.06
Beat
15.4
This summary was machine generated March 17 at 20:17 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)