Gold prices bounce off 3-week lows; demand likely longer term
Investing.com - Lument Finance Trust reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Lument Finance Trust announced earnings per share of $0.030 on revenue of $7.27M. Analysts polled by Investing.com EPS of $0.056 on revenue of $7.22M.
Lument Finance Trust 's are down 48.09% and is trading at $2.150 , still down 46.91% from its 52 week high of $4.05 set on Tuesday, November 9, 2021.
Lument Finance Trust follows other major Financial sector earnings this month
Lument Finance Trust's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, EPS of $4,518.39 on revenue of $74.9B.
JPMorgan had beat expectations on Friday, October 14, 2022 with third quarter EPS of $3.12 on revenue of $32.72B, for EPS of $2.92 on revenue of $32.13B.
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