Lument: Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Lument Finance Trust, Inc. (LFT) on Thursday reported net income of $7 million in its first quarter.

The New York-based company said it had net income of 11 cents per share. Earnings, adjusted for non-recurring costs, came to 15 cents per share.

The real estate investment trust posted revenue of $33.7 million in the period. Its adjusted revenue was $11.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LFT at https://www.zacks.com/ap/LFT

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