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First Foundation (FFWM) Reports Q2 Loss, Misses Revenue Estimates

First Foundation (FFWM) came out with a quarterly loss of 0.09pershareversustheZacksConsensusEstimateof0.09 per share versus the Zacks Consensus Estimate of 0.02. This compares to earnings of 0.06pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof550.000.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -550.00%. A quarter ago, it was expected that this wealth manager and commercial bank would post earnings of 0.02 per share when it actually produced earnings of $0.09, delivering a surprise of +350%.Over the last four quarter ...