First Western Financial (NASDAQ: MYFW) is set to announce its financial results for the third quarter of 2024 on Thursday 24th October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
Based on the predictions of financial experts on Wall Street, the company is expected to reveal an anticipated $0.28 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $24.12 million for the quarter.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.32. This figure was attributed to the company's total revenue, which reached an impressive $22.87 million during that same period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $95.4 million. Furthermore, they expect the business to achieve profit of $0.96 per share during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.11 | -56.0% | 22.75 M | +1.6% |
| Q1 2024 | $0.26 | -33.3% | 23.35 M | -8.0% |
| Q4 2023 | $0.03 | -94.8% | 22.41 M | -21.1% |
| Q3 2023 | $0.32 | -51.5% | 22.87 M | -22.0% |
| Q2 2023 | $0.25 | -49.0% | 22.40 M | -16.8% |
| *Growth on year-over-year basis | ||||
MYFW has scheduled a conference call on 25th October 2024 at 12:00 PM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw First Western Financial (MYFW) shares trading between $20.72 and $21.07, besides a volume of 24.80 thousand shares. The stock closed Tuesday's regular trading session at $20.82, showing 1.09 percent fall.
