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

Lument Finance Trust

04/11/2023 01:17

* Lument Finance Trust Inc  LFT.N   LFT  is expected to show
a
rise in quarterly revenue when it reports  results on November 6
(estimated). 
    * The New York City-based  company is expected to report  a
90.5% increase in revenue to $28.094 million from $14.75 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. 
    * ​Refinitiv'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 "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $2.5​, above​ its last closing price of $1.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2022  0.05        0.06       0.03      Missed  -45.5
 ​​Jun.        0.06        0.06       0.05      Missed  -21.9
 30 2022                                                
 Mar. 31 2022  0.08        0.08       0.05      Missed  -35.9​
 Dec. 31 2021  0.11        0.10       0.11      Beat    8.2
 Sep. 30 2021  0.09        0.08       0.08      Met     -4.8
 This summary was machine generated November 4 at 01:17 GMT.  All
figures in US dollars  unless otherwise stated