Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter results. Distributable earnings for the first quarter were $7.6 million, or $0.15 per share of common stock. GAAP net income attributable to common shareholders for the first quarter was $5.8 million, or $0.11 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com.
Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 with the Securities and Exchange Commission on Thursday, May 9, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Friday, May 10, 2024 at 8:30 a.m. eastern time.
Key Insights Institutions' substantial holdings in Lument Finance Trust implies that they have significant influence...