First Western Financial: Q4 Earnings Insights

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First Western Financial MYFW reported its Q4 earnings results on Thursday, January 25, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

First Western Financial missed estimated earnings by 90.62%, reporting an EPS of $0.03 versus an estimate of $0.32.

Revenue was down $5.99 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.13 which was followed by a 8.45% drop in the share price the next day.

Here's a look at First Western Financial's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.45 0.43 0.42 0.65
EPS Actual 0.32 0.25 0.39 0.58
Revenue Estimate 25.39M 25.74M 27.08M 29.92M
Revenue Actual 22.86M 22.40M 25.38M 28.40M

To track all earnings releases for First Western Financial visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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