27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Lument Finance Trust (NYSE:LFT) reported its Q2 earnings results on Monday, August 8, 2022 at 05:00 PM.
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Here's what investors need to know about the announcement.
Earnings
Lument Finance Trust missed estimated earnings by 33.33%, reporting an EPS of $0.04 versus an estimate of $0.06.
Revenue was up $1.16 million from the same period last year.
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Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 4.63% drop in the share price the next day.
Here's a look at Lument Finance Trust's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | 0.10 | 0.07 | |
| EPS Actual | 0.05 | 0.11 | 0.06 | 0.11 |
| Revenue Estimate | 7.60M | 6.02M | 5.56M | 4.67M |
| Revenue Actual | 5.30M | 6.17M | 4.73M | 5.25M |
To track all earnings releases for Lument Finance Trust visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.