Analysts Anticipate First Financial Corp (THFF) to Post $0.90 EPS

Wall Street brokerages expect First Financial Corp (NASDAQ:THFF) to announce earnings per share of $0.90 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for First Financial’s earnings. The highest EPS estimate is $0.90 and the lowest is $0.89. First Financial posted earnings per share of $0.72 during the same quarter last year, which would suggest a positive year over year growth rate of 25%. The firm is scheduled to report its next earnings results on Tuesday, February 5th.

On average, analysts expect that First Financial will report full year earnings of $3.78 per share for the current financial year, with EPS estimates ranging from $3.76 to $3.80. For the next year, analysts expect that the business will post earnings of $3.51 per share, with EPS estimates ranging from $3.47 to $3.54. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for First Financial.

First Financial (NASDAQ:THFF) last posted its earnings results on Tuesday, October 23rd. The bank reported $0.92 EPS for the quarter, beating the consensus estimate of $0.89 by $0.03. The firm had revenue of $37.74 million for the quarter, compared to analyst estimates of $37.60 million. First Financial had a return on equity of 10.68% and a net margin of 23.65%.

Several equities analysts recently commented on the company. BidaskClub raised First Financial from a “buy” rating to a “strong-buy” rating in a report on Tuesday, October 9th. ValuEngine raised First Financial from a “sell” rating to a “hold” rating in a report on Saturday, July 14th. Finally, Zacks Investment Research raised First Financial from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a report on Tuesday.

NASDAQ:THFF opened at $46.60 on Wednesday. The firm has a market capitalization of $543.02 million, a P/E ratio of 16.07 and a beta of 0.93. First Financial has a 12 month low of $40.75 and a 12 month high of $53.05.

Large investors have recently bought and sold shares of the stock. Assenagon Asset Management S.A. acquired a new position in shares of First Financial in the 3rd quarter valued at $1,747,000. First Trust Advisors LP boosted its holdings in shares of First Financial by 80.8% in the 3rd quarter. First Trust Advisors LP now owns 54,410 shares of the bank’s stock valued at $2,731,000 after purchasing an additional 24,310 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of First Financial by 3.3% in the 2nd quarter. Northern Trust Corp now owns 412,297 shares of the bank’s stock valued at $18,698,000 after purchasing an additional 13,001 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of First Financial by 4.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 78,895 shares of the bank’s stock valued at $3,578,000 after purchasing an additional 3,270 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY boosted its holdings in shares of First Financial by 52.8% in the 2nd quarter. Metropolitan Life Insurance Co. NY now owns 5,081 shares of the bank’s stock valued at $230,000 after purchasing an additional 1,755 shares during the last quarter. 54.19% of the stock is currently owned by hedge funds and other institutional investors.

First Financial Company Profile

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers commercial, mortgage, and consumer lending; lease financing; trust account; depositor; and insurance services. Its deposit products include interest-bearing and non-interest-bearing demand deposits, savings deposits, time deposits, and other time deposits; and loan products comprise commercial real estate loans, commercial loans, consumer loans, and residential real estate and construction loans.

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Earnings History and Estimates for First Financial (NASDAQ:THFF)

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