Benzinga | Jan 28, 2022 10:25AM EST

Earnings Outlook For First Foundation

First Foundation (NASDAQ:FFWM) is set to give its latest quarterly earnings report on Monday, 2022-01-31. Here's what investors need to know before the announcement.

Analysts estimate that First Foundation will likely report an Earnings Per Share (EPS) of $0.40.

First Foundation bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.20, which was followed by a 4.35% drop in the share price the next day.

Here's a look at First Foundation's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.64 0.52 0.44 0.44EPS Actual 0.84 0.60 0.50 0.50Price Change % -4.35% 3.26% 0.3% -4.52%

Stock Performance

Shares of First Foundation were trading at $25.33 as of January 27. Over the last 52-week period, shares are up 23.07%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.