First Foundation Earnings Preview
Portfolio Pulse from Benzinga Insights
First Foundation (NYSE:FFWM) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.03. Investors are looking for an earnings beat and positive guidance for future growth. Historically, FFWM's stock price has reacted negatively to past earnings reports, even when EPS estimates were beaten.
January 24, 2024 | 6:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
First Foundation is expected to report an EPS of $0.03 in its upcoming earnings. Historical data shows stock price declines following earnings reports, even after beating estimates.
Given the historical trend where FFWM's stock price declined after earnings reports, even with an EPS beat, there is a likelihood of a negative short-term impact on the stock price if the pattern continues. However, positive guidance could mitigate this effect.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100