For the quarter ended September 2024, Lument Finance (LFT) reported income of $9.49 million, down 0.6% over the identical interval final 12 months. EPS got here in at $0.10, in comparison with $0.11 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $9.06 million, representing a shock of +4.74%. The corporate has not delivered EPS shock, with the consensus EPS estimate being $0.10.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers challenge a inventory’s worth efficiency extra precisely.
Right here is how Lument carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Servicing earnings, internet: $0.06 million in comparison with the $0.05 million common estimate primarily based on two analysts.
- Internet curiosity earnings: $9.48 million versus the two-analyst common estimate of $9.81 million.
- Complete Different earnings (loss): -$0.30 million versus the two-analyst common estimate of $0.05 million.
View all Key Company Metrics for Lument here>>>
Shares of Lument have returned -1.2% over the previous month versus the Zacks S&P 500 composite’s +3.3% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.
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Lument Finance Trust, Inc. (LFT) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
