How did MYFW's Q1 2025 EPS forecast compare to past trends?
4/12/2025 11:11am
**First Western Financial's (MYFW) Q1 2025 EPS forecast appears to be in line with past trends**, considering the following points:
1. **Consistency with Analyst Estimates**: The EPS forecast for Q1 2025 is $0.28, which is consistent with the EPS achieved in the previous quarter, Q4 2024. This indicates a stable earnings trend.
2. **Improvement in Net Income**: The company's net income has shown an upward trend, doubling from the previous quarter's $2.1 million to $2.7 million. This improvement suggests a positive outlook for earnings, which could be a precursor to a stronger EPS performance in Q1 2025.
3. **Revenue Trend**: While there was a slight decline in gross revenue and net interest income, the company's revenue remained stable at $23.37 million, which is slightly below the estimated $24.41 million. This slight shortfall may not significantly impact the EPS if cost management is effective.
4. **Market Sentiment**: Despite the revenue miss, the stock did not react negatively, and the EPS met the forecast, indicating market confidence in the company's earnings potential. This sentiment could carry over to the Q1 2025 forecast, assuming no significant changes in market conditions or company performance.
In conclusion, the EPS forecast for Q1 2025 is in line with recent performance, and the positive trends in net income and market sentiment suggest that the company is on track to meet or exceed expectations.