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

Lument Finance Trust

11/05/2021 13:57

* Lument Finance Trust Inc  LFT.N  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 9 cents per share.
* Revenue rose 8.2% to $4.52 million from a year ago;  analysts
expected $5.69 million. 
* Lument Finance Trust Inc's reported EPS for the quarter was 11
cents​.
* The mean earnings estimate of analysts had risen by
about 12.5% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Lument Finance Trust Inc shares had risen by 4.6% this
quarter and gained 12.9% so far this year.
* The company reported quarterly net income of $2.81 million.
* Wall Street's median 12-month price target for Lument Finance
Trust Inc is $4.38 
* 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." 
This summary was machine generated May 11 at 12:57 p.m. GMT.
​All figures in US dollars