Core Insights - First Financial Northwest (FFNW) reported a quarterly loss of 0.16 per share a year ago, indicating a significant decline in performance [1] - The company posted revenues of 10.38 million year-over-year [2] - The stock has increased approximately 68.8% since the beginning of the year, outperforming the S&P 500's gain of 22.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 9.48 million, and for the current fiscal year, it is 38.31 million [7] - The estimate revisions trend for First Financial is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting expected outperformance in the near future [6] Industry Context - The Banks - West industry, to which First Financial belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, indicating potential challenges ahead [8] - Another company in the same industry, First Northwest Bancorp (FNWB), is expected to report a quarterly earnings decline of 82.1% year-over-year, with revenues projected at $17.2 million, down 3.6% from the previous year [9]
First Financial Northwest (FFNW) Reports Q3 Loss, Lags Revenue Estimates