First Financial Northwest Inc reports results for the quarter ended in March - Earnings Summary

First Financial Northwest

30/04/2024 23:13

* First Financial Northwest Inc  FFNW.OQ  reported a
quarterly
adjusted loss of 12 cents​​ per share for the quarter ended in
March, lower than the same quarter last year, when the company
reported EPS of 23 cents.  The mean expectation of
three analysts for the quarter was for earnings of 7 cents per
share. Wall Street expected results to range from 6 cents to 7
cents per share.
    * Revenue fell 20.9% to $8.90 million from a year ago;
analysts
expected $9.28 million. 
    * First Financial Northwest Inc's reported EPS for the
quarter was
a loss of 12 cents​.
    * The company reported a quarterly loss of $1.08 million.
    * First Financial Northwest Inc shares had fallen by 0.7%
this
quarter and gained 51.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 36%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for First
Financial
Northwest Inc is $22.00 

This summary was machine generated from LSEG data April 30 at
10:13 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.07           -0.12          Missed
 Dec. 31 2023      0.14           0.13           Missed
 Sep. 30 2023      0.15           0.16           Beat
 Jun. 30 2023      0.20           0.16           Missed