Lument Finance Trust Reports Third Quarter Results

Provided By PR Newswire

Last update: Nov 13, 2023

NEW YORK, Nov. 13, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we," "LFT" or "the Company") today reported its third quarter 2023 results. Distributable earnings for the quarter were $6.0 million, or $0.11 per share of common stock. GAAP net income attributable to common shareholders for the quarter was $5.2 million, or $0.10 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com.