Earnings Outlook For Lument Finance Trust

Lument Finance Trust LFT is gearing up to announce its quarterly earnings on Tuesday, 2024-11-12. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Lument Finance Trust will report an earnings per share (EPS) of $0.08.

The announcement from Lument Finance Trust is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings Track Record

Last quarter the company missed EPS by $0.02, which was followed by a 4.31% drop in the share price the next day.

Here's a look at Lument Finance Trust's past performance and the resulting price change:

Lument Finance Trust Share Price Analysis

Shares of Lument Finance Trust were trading at $2.59 as of November 08. Over the last 52-week period, shares are up 22.28%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Lument Finance Trust visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.