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LFT — Lument Finance Trust News Story

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Lument Finance Trust posts Q4 net loss

Overview

U.S. commercial real estate debt investor posted Q4 GAAP net loss

Full-year distributable earnings were positive despite annual GAAP net loss

Outlook

Company did not provide specific guidance or outlook for future periods

Result Drivers

REALIZED LOSS ON REAL ESTATE - Realized loss on real estate owned affected quarterly results

Company press release: ID:nPn45ZwcXa

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 EPS-$0.17
Q4 Net Income-$8.9 mln
Analyst Coverage 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 $2.63, about 90.2% above its March 23 closing price of $1.38 The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 6 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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