Provided By PR Newswire
Last update: Mar 19, 2025
NEW YORK, March 19, 2025 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its fourth quarter and full year 2024 results. GAAP net income attributable to common shareholders for the fourth quarter was $3.6 million, or $0.07 per share of common stock, and for the full year was $17.9 million, or $0.34 per share of common stock. Distributable earnings for the fourth quarter were $5.4 million, or $0.10 per share of common stock, and for the full year were $23.2 million, or $0.44 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com.
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