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

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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