First Financial Northwest Q2 EPS $0.16 Misses $0.20 Estimate, Sales $10.31M Miss $10.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
First Financial Northwest (NASDAQ:FFNW) reported Q2 earnings of $0.16 per share, missing the analyst consensus estimate of $0.20 by 20%. This is a 48.39% decrease from the same period last year. The company also reported quarterly sales of $10.31 million, missing the analyst consensus estimate of $10.90 million by 5.42%. This is a 12.81% decrease from the same period last year.
July 27, 2023 | 1:18 pm
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NEGATIVE IMPACT
First Financial Northwest's Q2 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the company's stock in the short term.
First Financial Northwest reported lower than expected earnings and sales for Q2, with a significant decrease compared to the same period last year. This could lead to a decrease in the company's stock price as it indicates a potential slowdown in the company's growth and profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100