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

Lument Finance Trust

08/05/2021 03:05

* Lument Finance Trust Inc  LFT.N   LFT  is expected to show a
rise in quarterly revenue when it reports results on May 10 .
* The New York City, New York-based company is expected to
report   a 36.3% increase in revenue to $5.693 million from
$4.18 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Lument Finance Trust
Inc is for earnings of 9 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 2 "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 $4.38​, about 15.2% above​ its last closing price
of $3.71. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.07        0.08       0.09      Beat    20
 Dec.          ​           0.10       0.06      Missed  -36.8​
 31​ 2019​                                              
 Sep. 30 2019  0.10        0.10       0.10      Met     5.3​
 Jun. 30 2019  0.10        0.10       0.09      Missed  -10
 Mar. 31 2019  0.12        0.12       0.07      Missed  -41.7
 This summary was machine generated May 8 at 02:05 GMT.  All
figures in US dollars unless otherwise stated