Recap: Lument Finance Trust Q2 Earnings

Loading...
Loading...

 

Lument Finance Trust LFT reported its Q2 earnings results on Monday, August 8, 2022 at 05:00 PM.

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.

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.

Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...