earnings
confidence high
sentiment negative
materiality 0.70
Lument Finance Trust Q2 net loss $9.2M; announces 1-for-10 reverse stock split
Lument Finance Trust, Inc.
2026-Q2 EPS reported
-$0.19
- GAAP net loss $9.2M ($0.18/share); Distributable Loss $5.3M ($0.10/share) for Q2 2026.
- Board approves 1-for-10 reverse stock split to regain NYSE compliance; effective Sept 9, 2026.
- Shares to reduce from ~52.5M to ~5.3M; split-adjusted trading Sept 10 under LFT, new CUSIP 55025L306.
- Conference call Aug 14, 2026 at 8:30 a.m. ET to discuss results and business update.