First Northwest Bancorp reports results for the quarter ended in December - Earnings Summary

First Northwest BanCorp

25/01/2024 13:52

* First Northwest Bancorp  FNWB.OQ  reported a quarterly
adjusted
loss of 1 cent​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of 66 cents.  The lone analyst forecast for the quarter was
for earnings of 20 cents per share. 
    * Revenue fell 39% to $11.27 million from a year ago;
analysts
expected $17.60 million. 
    * First Northwest Bancorp's reported EPS for the quarter was
a
loss of 62 cents​.
    * The company reported a quarterly loss of $5.52 million.
    * First Northwest Bancorp shares had fallen by 11.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 34.3%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for First Northwest
Bancorp is $16.00 
This summary was machine generated from LSEG data January 25 at
01:52 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
 Dec. 31 2023      0.20           -0.01          Missed
 Sep. 30 2023      0.28           0.28           Met
 Jun. 30 2023      0.26           0.20           Missed
 Mar. 31 2023      0.38           0.39           Beat