What Can We Expect From First Foundation ($FFWM) Q3 2024 Earnings?

35

Don't miss out on Tuesday 29th October 2024, when First Foundation (NASDAQ: FFWM) will disclose its third quarter financial results before market open. Investors will have the chance to learn more about the company's performance during the quarter.

It appears that the organization is on the verge of revealing their estimated $0.54 loss per share for the quarter, as well as their total revenue of $60.67 million for this specific period, according to financial experts on Wall Street.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $236.13 million. Additionally, they are expecting the company to report loss of $0.53 per share for the fiscal year 2024.

Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.05. This notable figure was attributed to the company's total revenue, which settled at an impressive $63.77 million during that specific quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.06 -14.3% 57.49 M -5.9%
Q1 2024 $0.02 -86.7% 51.07 M -27.5%
Q4 2023 $0.05 -85.7% 56.37 M -31.2%
Q3 2023 $0.05 -90.2% 63.77 M -36.1%
Q2 2023 $0.07 -88.1% 61.06 M -35.9%
*Growth on year-over-year basis

 

FFWM has scheduled a conference call on 29th October 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.

First Foundation (FFWM) closed Friday's regular trading session at $7.24, demonstrating a 4.86 percent decrease. During the day, FFWM shares traded between $7.24 and $7.70, with a day volume of 475.50 thousand shares.