Recap: Lument Finance Trust Q2 Earnings

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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.

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