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

Lument Finance Trust

16/03/2022 19:26

* Lument Finance Trust Inc  LFT.N  reported quarterly
adjusted
earnings of 11 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 10 cents per share.
    * Revenue rose 40.6% to $11.00 million from a year ago; 
analysts
expected $6.02 million. 
    * Lument Finance Trust Inc's reported EPS for the quarter
was 11
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Lument Finance Trust Inc shares had fallen by 21.1% this
quarter.
    * The company reported quarterly net income of $2.48
million.
    * Wall Street's median 12-month price target for Lument
Finance
Trust Inc is $4.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 16 at 07:26 p.m.  ​All
figures in US dollars unless otherwise stated