First Western Financial (NASDAQ: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.