First Financial Northwest Q2 EPS $0.17 Beats $0.03 Estimate, Sales $8.97M Beat $8.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
First Financial Northwest (NASDAQ:FFNW) reported Q2 earnings of $0.17 per share, significantly beating the analyst estimate of $0.03. Sales were $8.97 million, also surpassing the $8.77 million estimate. Despite the earnings beat, sales decreased by 12.99% compared to the same period last year.
July 25, 2024 | 1:12 pm
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First Financial Northwest reported strong Q2 earnings, significantly beating analyst estimates. However, sales have decreased compared to the same period last year.
The significant earnings beat is likely to have a positive short-term impact on FFNW's stock price. However, the decrease in sales compared to last year may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100