Lument Finance Trust (NYSE:LFT) reported its Q4 earnings results on Friday, March 15, 2024 at 04:45 PM.
Here's what investors need to know about the announcement.
Earnings
Lument Finance Trust missed estimated earnings by -9.0%, reporting an EPS of $0.1 versus an estimate of $0.11.
Revenue was up $2.21 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 2.0% increase in the share price the next day.
Here's a look at Lument Finance Trust's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.07 | 0.04 | 0.05 |
| EPS Actual | 0.11 | 0.04 | 0 | 0.06 |
| Revenue Estimate | 28.09M | 22.17M | 19.47M | 17.01M |
| Revenue Actual | 9.54M | 7.51M | 8.43M | 6.89M |
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.