First Western (MYFW) Q4 Earnings and Revenues Lag Estimates

Earnings Performance - First Western reported quarterly earnings of $0 28 per share, missing the Zacks Consensus Estimate of $0 34 per share, representing an earnings surprise of -17 65% [1] - The company's earnings were $0 03 per share a year ago, showing significant year-over-year growth despite the miss [1] - Over the last four quarters, the company has surpassed consensus EPS estimates only once [2] Revenue Performance - First Western posted revenues of $23 37 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 6 90% [2] - Year-ago revenues were $22 41 million, indicating a modest year-over-year increase [2] - The company has topped consensus revenue estimates just once over the last four quarters [2] Stock Performance - First Western shares have lost about 7 4% since the beginning of the year, underperforming the S&P 500's gain of 3 5% [3] - The stock's immediate price movement will depend on management's commentary on the earnings call [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0 30 on $25 1 million in revenues [7] - For the current fiscal year, the consensus EPS estimate is $1 74 on $108 8 million in revenues [7] - The estimate revisions trend for First Western is unfavorable, translating into a Zacks Rank 5 (Strong Sell) [6] Industry Context - First Western belongs to the Zacks Banks - Midwest industry, which is currently in the top 12% of the 250 plus Zacks industries [8] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Comparison - First Merchants, another stock in the same industry, is expected to post quarterly earnings of $0 90 per share, representing a year-over-year change of +3 5% [9] - First Merchants' revenues are expected to be $161 3 million, up 3 1% from the year-ago quarter [9] - The consensus EPS estimate for First Merchants has remained unchanged over the last 30 days [9]