Here's What Key Metrics Tell Us About Lument (LFT) Q3 Earnings

Core Insights - Lument Finance (LFT) reported revenue of $9.49 million for the quarter ended September 2024, a decrease of 0.6% year-over-year, with EPS at $0.10 compared to $0.11 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $9.06 million by 4.74%, while the EPS met the consensus estimate [1] Financial Performance Metrics - Servicing income, net was $0.06 million, surpassing the average estimate of $0.05 million from two analysts [3] - Net interest income was reported at $9.48 million, below the average estimate of $9.81 million from two analysts [3] - Total Other income (loss) was -$0.30 million, significantly lower than the average estimate of $0.05 million from two analysts [3] Stock Performance - Lument's shares have returned -1.2% over the past month, contrasting with the Zacks S&P 500 composite's increase of +3.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]