Lument Finance Trust (LFT) Tops Q4 EPS by 1c

Go back to Lument Finance Trust (LFT) Tops Q4 EPS by 1c

LUMENT FINANCE TRUST REPORTS 2021 RESULTS AND DECLARES QUARTERLY DIVIDENDS FOR ITS COMMON AND PREFERRED STOCK

March 15, 2022 5:00 PM EDT

NEW YORK, March 15, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or the "Company") today reported its fourth quarter and full year 2021 results. Net income attributable to common stockholders for the fourth quarter was $2.5 million, or $0.10 per share of common stock, and for the full year was $7.4 million, or $0.30 per share of common stock. Distributable earnings for the fourth quarter was $2.6 million, or $0.11 per share of common stock, and for the full year was $9.7 million, or $0.39 per share of common stock. The Company has also issued a detailed presentation of its results, which can be... More