First Foundation (FFWM) Q1 Earnings and Revenues Surpass Estimates

Group 1 - First Foundation (FFWM) reported quarterly earnings of $0.09 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, representing an earnings surprise of 350% [1] - The company posted revenues of $71.4 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 11.91%, compared to year-ago revenues of $51.07 million [2] - Over the last four quarters, First Foundation has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Group 2 - The stock has underperformed, losing about 20% since the beginning of the year, while the S&P 500 declined by 5.5% [3] - The current consensus EPS estimate for the coming quarter is $0.04 on $69.2 million in revenues, and $0.19 on $280.4 million in revenues for the current fiscal year [7] - The Zacks Industry Rank for Banks - Southwest is currently in the top 5% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] Group 3 - The estimate revisions trend for First Foundation is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell) for the stock, suggesting expected underperformance in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]