First Financial Northwest Q4 EPS $0.13 Misses $0.14 Estimate
Portfolio Pulse from Benzinga Newsdesk
First Financial Northwest (NASDAQ:FFNW) reported Q4 earnings of $0.13 per share, missing the consensus estimate of $0.14 by 7.14%. This represents a significant decrease of 62.86% from the $0.35 per share earned in the same quarter of the previous year.
January 25, 2024 | 2:19 pm
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NEGATIVE IMPACT
First Financial Northwest reported a miss on Q4 earnings, with a significant year-over-year decline.
Missing earnings estimates can negatively impact investor sentiment and stock price in the short term. The substantial decrease from the previous year's earnings further emphasizes the company's underperformance, likely leading to a negative reaction in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100