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Lument Finance Trust (NYSE:LFT) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:45 PM.
Here's what investors need to know about the announcement.
Lument Finance Trust missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $0.04.
Revenue was up $3.13 million from the same period last year.
Last quarter the company beat on EPS by $0.01 which was followed by a 0.5% drop in the share price the next day.
Here's a look at Lument Finance Trust's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.05 | 0.06 | 0.08 |
| EPS Actual | 0.06 | 0.03 | 0.04 | 0.05 |
| Revenue Estimate | 17.01M | 13.87M | 13.09M | 7.60M |
| Revenue Actual | 6.89M | 5.48M | 6.42M | 5.30M |
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.
Posted In: LFT
