Benzinga | Jan 31, 2022 07:15AM EST

Recap: First Foundation Q4 Earnings



First Foundation (NASDAQ:FFWM) reported its Q4 earnings results on Monday, January 31, 2022 at 07:00 AM.

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

Earnings

First Foundation beat estimated earnings by 32.5%, reporting an EPS of $0.53 versus an estimate of $0.4, which surprised analysts.

Revenue was up $12.71 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.2, 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:



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 0.50Revenue Estimate 76.45M 68.46M 64.20M 60.70MRevenue Actual 89.87M 71.94M 66.14M 63.07M

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