Lument Finance Trust Inc reports results for the quarter ended December 31 - Earnings Summary

Lument Finance Trust

19/03/2025 22:22

Lument Finance Trust Inc LFT.N reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, identical to the same quarter last year.  The mean expectation of five analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 8 cents to 10 cents per share.

Revenue fell 17.5% to $26.38 million from a year ago; analysts expected $27.78 million.

Lument Finance Trust Inc's reported EPS for the quarter was 7 cents​.

The company reported quarterly net income of $3.6 million.

Lument Finance Trust Inc shares had risen by 6.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the specialized reits peer group is also "hold"

Wall Street's median 12-month price target for Lument Finance Trust Inc is $2.75

This summary was machine generated from LSEG data March 19 at 10:22 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.09
0.10
Beat
Sep. 30 2024
0.08
0.10
Beat
Jun. 30 2024
0.11
0.09
Missed
Mar. 31 2024
0.12
0.15
Beat