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

Lument Finance Trust

10/08/2021 02:30

* Lument Finance Trust Inc  LFT.N  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 7 cents per share.
* Revenue rose 9.8% to $5.25 million from a year ago;  analysts
expected $4.68 million. 
* Lument Finance Trust Inc's reported EPS for the quarter was 4
cents​.
* The mean earnings estimate of analysts had fallen by
about 19.4% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Lument Finance Trust Inc shares had fallen by 3.3% this
quarter and gained 24.5% so far this year.
* The company reported quarterly net income of $954.58 thousand.
* 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 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 10 at 01:29 a.m.  ​All
figures in US dollars unless otherwise stated