First Foundation Inc expected to post earnings of 53  cents a share - Earnings Preview

First Foundation

22/07/2022 14:54

* First Foundation Inc  FFWM.OQ   FFWM.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 26. 
    * The Irvine California-based  company is expected to report
 a
28.0% increase in revenue to $92.084 million from $71.95 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Foundation
Inc is
for earnings of 53 cents per share. For the same quarter last
year, the company reported earnings of 60 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for First
Foundation
Inc is $25​, above​ its last closing price of $20.15. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.50        0.50       0.55      Beat    9.4
 Dec. 31 2022  0.44        0.40       0.53      Beat    31.4
 Sep. 30 2021  0.65        0.65       0.83      Beat    28.7​
 Jun. 30 2021  0.52        0.52       0.60      Beat    15.3
 ​​Mar.        0.44        0.44       0.50      Beat    12.6
 31 2021                                                
 Dec. 31 2020  0.44        0.44       0.50      Beat    12.6​
 Sep. 30 2020  0.50        0.50       0.69      Beat    37.8
 Jun. 30 2020  0.36        0.36       0.40      Beat    12.4
 This summary was machine generated July 22 at 13:54 GMT.  All
figures in US dollars  unless otherwise stated