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Lument Finance Trust (LFT)
NYSE:LFT
Earnings Data
Report Date
Aug 11, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.08Last Year’s EPS
0.09Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: -4.18%
|Next Earnings Date:Aug 11, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment with both positive and negative aspects. While there were notable achievements in terms of asset management and liquidity preservation, the quarter was marked by financial losses, increased credit loss reserves, and challenges with non-performing loans.Company Guidance
During the first quarter of 2025 earnings call for Lument Finance Trust, the company reported a GAAP net loss of $0.03 per share and distributable earnings of $0.08 per share. The company declared a quarterly dividend of $0.08 per common share, consistent with the previous quarter. The net interest income for Q1 was $7.7 million, a decline from $9.4 million in Q4 of 2024, primarily due to a decrease in the SOFR benchmark rate and the deleveraging of secured financings. Exit fees amounted to $700,000, with total operating expenses including management fees remaining flat at approximately $2.6 million. The company increased its specific reserves for credit losses by $7.3 million, resulting in an $11.1 million total reserve as of March 31. The unrestricted cash balance at the end of the quarter was $64 million, with a total book value of common stock at $172 million or $3.29 per share. The portfolio included 61 floating rate loans with a weighted average note rate of SOFR plus 355 basis points, and 92% were collateralized by multifamily properties. Seven loans, totaling $108 million, were risk-rated “5,” indicating significant risk, and management continues to focus on optimizing recovery through active asset management strategies.Resilience in Multifamily Sector
The multifamily sector continues to show resilience despite evolving market dynamics. Occupancy rates remain robust, and the sector benefits from limited new supply and challenges faced by potential homebuyers due to mortgage rates.
Successful Loan Modifications
The company executed several successful loan modifications and extensions, preserving value and enhancing downside protection, which contributes positively to asset management.
Liquidity Management
The company ended the first quarter with an unrestricted cash balance of $64 million, maintaining flexibility and opting for partial deleveraging of the portfolio to provide additional cushion for meeting covenants.
Positive Outcomes on Problem Loans
During the first quarter, positive outcomes were achieved on two out of the six assets that were previously rated as '5' risk-rated loans, with resolutions including loan assumptions and extensions.
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LFT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LFT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $2.63 | $2.41 | -8.37% |
Mar 19, 2025 | $2.71 | $2.74 | +1.11% |
Nov 12, 2024 | $2.23 | $2.16 | -3.14% |
Aug 12, 2024 | $2.25 | $2.15 | -4.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Lument Finance Trust (LFT) report earnings?
Lument Finance Trust (LFT) is schdueled to report earning on Aug 11, 2025, TBA Not Confirmed.
What is Lument Finance Trust (LFT) earnings time?
Lument Finance Trust (LFT) earnings time is at Aug 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LFT EPS forecast?
LFT EPS forecast for the fiscal quarter 2025 (Q2) is 0.08.
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