Lument Finance Trust Inc reports results for the quarter ended June 30 - Earnings Summary
Lument Finance Trust Inc reports results for the quarter ended June 30 - Earnings Summary
Lument Finance Trust Inc LFT.N reported a quarterly adjusted loss of 10 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of two analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 3 cents to 10 cents per share.
Revenue fell 7.5% to $19.04 million from a year ago; analysts expected $20.87 million.
Lument Finance Trust Inc's reported EPS for the quarter was a loss of 18 cents.
The company reported a quarterly loss of $9.2 million.
Lument Finance Trust Inc shares had fallen by 24.4% this quarter and lost 50.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 8.3% 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 no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."
Wall Street's median 12-month price target for Lument Finance Trust Inc is $2.50, about 72.2% above its last closing price of $0.70
This summary was machine generated from LSEG data August 13 at 10:48 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 |
Jun. 30 2026 | 0.07 | -0.10 | Missed |
Mar. 31 2026 | 0.06 | 0.02 | Missed |
Dec. 31 2025 | 0.06 | 0.00 | Missed |
Sep. 30 2025 | 0.08 | 0.02 | Missed |
Recent news on Lument Finance Trust
See all newsLument Finance Trust Inc reports results for the quarter ended June 30 - Earnings Summary
Lument Finance Trust Inc expected to post earnings of 7 cents a share - Earnings Preview
Lument Finance Trust Inc expected to post earnings of 7 cents a share - Earnings Preview
Lument Finance Trust posts Q1 net loss on impairment, debt extinguishment
Brief: Lument Finance Trust Q1 Adjusted EPS USD 0.02