Okay, so I looked up Communion in Baptized We Live, doing sermon research, and I feel like it's worth sharing although perhaps it doesn't directly answer your question.

From Baptized, We Live: Lutheranism as a Way of Life by Daniel Erlander:

Bread is broken, wine is poured, and we share a family meal.

The words, "This is my body" and "This is my blood" assure us that Christ is present. We believe he is with us as...

• the Christ of memory.
  
  In the meal the Lord's death is proclaimed. We remember that it was by a body broken and by blood poured that God chose to save the world. By eating and drinking we participate in that saving event


• the Christ of the present.
  
  In the meal Christ is present. He is Immanuel -- God with us, the living word calling us from lesser loyalties, forgiving our sin and nourishing us for discipleship. As the host of the meal he feeds us with himself so we may be his body in the world.


• the Christ of the future
  
  In the meal we are given a foretaste of the feast to come, the great banquet in the coming Kingdom of God. The future breaks into the present. We see a picture of the coming day when all creation will be united under the Lordship of Christ.

Okay, so in typing that out, I am seeing problematics that my first reading didn't give me, but I still really like the idea of the presence of Christ as a past, present, and future event.