Lument Finance Trust reports Q2 2023 GAAP net income $1.4M, distributable earnings $1.9M

Lument Finance Trust, Inc.

2023-Q2 EPS reported $0.11

GAAP net income attributable to common shareholders $1.4M ($0.03 per share) for quarter ended June 30, 2023.
Distributable earnings $1.9M ($0.04 per share) for the same quarter.
Conference call scheduled for August 9, 2023 at 8:30 a.m. ET to discuss results.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Lument Finance Trust, Inc. reported second quarter 2023 results: net income GAAP net income attributable to common shareholders for the quarter was $1.4 million, EPS $0.03 per share of common stock.

Period: second quarter 2023
Net income: GAAP net income attributable to common shareholders for the quarter was $1.4 million
EPS: $0.03 per share of common stock
Result: reported results

Exact text from the filing

Lument Finance Trust Reports Second Quarter Results NEW YORK, August 8, 2023 /PRNewswire/ — Lument Finance Trust, Inc. (NYSE: LFT) (“we”, “LFT” or “the Company”) today reported its second quarter 2023 results. Distributable earnings for the quarter were $1.9 million, or $0.04 per share of common stock. GAAP net income attributable to common shareholders for the quarter was $1.4 million, or $0.03 per share of common stock.

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Lument Finance Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-088915

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