First Foundation Inc (FFWM, Financial) is set to release its Q3 2024 earnings on Oct 29, 2024. The consensus estimate for Q3 2024 revenue is $60.68 million, and the earnings are expected to come in at -$0.57 per share. The full year 2024's revenue is expected to be $236.13 million and the earnings are expected to be -$0.55 per share. More detailed estimate data can be found on the Forecast page.
First Foundation Inc (FFWM, Financial) Estimates Trends
Over the past 90 days, revenue estimates for First Foundation Inc (FFWM) have seen an upward revision from $232.36 million to $236.13 million for the full year 2024, and from $299.41 million to $321.17 million for 2025. Conversely, earnings estimates for 2024 have been revised downward from -$0.11 per share to -$0.55 per share, while estimates for 2025 have improved from $0.50 per share to $0.53 per share.
First Foundation Inc (FFWM, Financial) Reported History
In the previous quarter of 2024-06-30, First Foundation Inc's (FFWM) actual revenue was $57.49 million, which beat analysts' revenue expectations of $55.041 million by 4.44%. First Foundation Inc's (FFWM) actual earnings were $0.05 per share, which beat analysts' earnings expectations of $0.006 per share by 733.33%. After releasing the results, First Foundation Inc (FFWM) was up by 5.07% in one day.
First Foundation Inc (FFWM, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 4 analysts, the average target price for First Foundation Inc (FFWM) is $7.75 with a high estimate of $9 and a low estimate of $7. The average target implies an upside of 7.04% from the current price of $7.24.
Based on GuruFocus estimates, the estimated GF Value for First Foundation Inc (FFWM, Financial) in one year is $13.55, suggesting an upside of 87.15% from the current price of $7.24.
Based on the consensus recommendation from 5 brokerage firms, First Foundation Inc's (FFWM, Financial) average brokerage recommendation is currently 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
