Workflow
First Northwest Bancorp (FNWB) Reports Q4 Loss, Lags Revenue Estimates

Company Performance - First Northwest Bancorp (FNWB) reported a quarterly loss of $0.32 per share, significantly worse than the Zacks Consensus Estimate of $0.06, marking an earnings surprise of -633.33% [1] - The company posted revenues of $15.44 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 6.44%, compared to year-ago revenues of $11.27 million [2] - Over the last four quarters, FNWB has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Movement and Outlook - FNWB shares have increased by approximately 4.9% since the beginning of the year, outperforming the S&P 500's gain of 3.2% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.08 on revenues of $16.6 million, and for the current fiscal year, it is $0.75 on revenues of $71.8 million [7] Industry Context - The Zacks Industry Rank indicates that the Banks - West industry is currently in the top 23% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]