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

First Foundation

26/04/2022 14:31

* First Foundation Inc  FFWM.OQ  reported quarterly adjusted
earnings of 55 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 50 cents per share.
    * Revenue rose 34.3% to $88.81 million from a year ago; 
analysts
expected $89.39 million. 
    * First Foundation Inc's reported EPS for the quarter was 55
cents​.
    * The mean earnings estimate of analysts had risen by
about 9.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * First Foundation Inc shares had fallen by 2.6% this
quarter and
lost 4.8% so far this year.
    * The company reported quarterly net income of $30.84
million.
    * Wall Street's median 12-month price target for First
Foundation
Inc is $30.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 26 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated