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

First Northwest BanCorp

25/04/2024 16:45

* First Northwest Bancorp  FNWB.OQ  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 39 cents.  The lone analyst forecast for the quarter was
for earnings of 12 cents per share. 
    * Revenue fell 13.5% to $16.12 million from a year ago;
analysts
expected $16.50 million. 
    * First Northwest Bancorp's reported EPS for the quarter was
4
cents​.
    * The company reported quarterly net income of $396
thousand.
    * First Northwest Bancorp shares had fallen by 30.9% this
quarter and lost 32.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 36.4%
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 $17.00 
This summary was machine generated from LSEG data April 25 at
03:45 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      0.12           0.04           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