Lument Finance Trust, Inc. (LFT) CEO James Flynn on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-08-08 Earnings Summary

EPS of $0.05 misses by $0.01
 | Revenue of $6.42M (22.12% Y/Y) misses by $757.80K

Lument Finance Trust, Inc. (NYSE:LFT) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET

Company Participants

Charles Duddy - MD
James Flynn - CEO & Chairman
James Briggs - CFO
Michael Larsen - President

Conference Call Participants

Crispin Love - Piper Sandler & Co.
Stephen Laws - Raymond James & Associates
Steven Delaney - JMP Securities
Matthew Erdner - JonesTrading

Operator

Good morning, and thank you for joining Lument Finance Trust Second Quarter 2022 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website.

I would now like to turn the conference over to Charles Duddy with Investor Relations at Lument Investment Management. Please go ahead, sir.

Charles Duddy

Thank you, and good morning, everyone. Thank you for joining our call to discuss Lument Finance Trust's second quarter 2022 financial results. With me on the call today are James Flynn, CEO; Michael Larsen, President; and James Briggs, CFO.

On Monday, we filed our 10-Q with the SEC and issued a press release, which provided details on our first quarter results -- excuse me, our second quarter results. We also provided a supplemental earnings presentation, which can be found on our website. Before handing the call over to Jim, I would like to remind everyone that certain statements made during the course of this call are not based on historical information and may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

When used in this conference, words such as outlook, evaluate, indicate, believes, will, anticipates, expects, intends, and other similar expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. These risks and

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