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Lument Finance Trust Q1 2023 Earnings Report

Lument Finance Trust logo
$2.75 +0.03 (+1.10%)
(As of 12/20/2024 05:40 PM ET)

Lument Finance Trust EPS Results

Actual EPS
$0.04
Consensus EPS
$0.07
Beat/Miss
Missed by -$0.03
One Year Ago EPS
N/A

Lument Finance Trust Revenue Results

Actual Revenue
$22.39 million
Expected Revenue
$6.72 million
Beat/Miss
Beat by +$15.67 million
YoY Revenue Growth
N/A

Lument Finance Trust Announcement Details

Quarter
Q1 2023
Time
Q1 2023 Earnings Call

Conference Call Resources

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Lument Finance Trust Earnings Headlines

JMP Securities Keeps Their Buy Rating on Lument Finance Trust (LFT)
Lument Finance Trust Declares Q4 2024 Dividends
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About Lument Finance Trust

Lument Finance Trust (NYSE:LFT), a real estate investment trust, focuses on investing in, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States. The company primarily invests in transitional floating rate CRE mortgage loans on middle market multi-family assets; and other CRE -related investments, including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans, and other CRE debt instruments. Lument Finance Trust, Inc. is qualified as a real estate investment trust (REIT) under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Hunt Companies Finance Trust, Inc. and changed its name to Lument Finance Trust, Inc. in December 2020. Lument Finance Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.

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