First Foundation Inc reports results for the quarter ended in December - Earnings Summary

First Foundation

31/01/2022 14:31

* First Foundation Inc  FFWM.OQ  reported quarterly adjusted
earnings of 53 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 40 cents per share.
    * Revenue rose 20.2% to $75.79 million from a year ago; 
analysts
expected $74.35 million. 
    * First Foundation Inc's reported EPS for the quarter was 51
cents​.
    * The mean earnings estimate of analysts had risen by
about 11.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * First Foundation Inc shares had risen by 3.8% this
quarter.
    * The company reported quarterly net income of $23.88
million.
    * Wall Street's median 12-month price target for First
Foundation
Inc is $32.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated January 31 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated