Wall Street analysts expect First Financial Corporation Indiana (NASDAQ:THFF) to post sales of $35.71 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for First Financial Corporation Indiana’s earnings, with the lowest sales estimate coming in at $35.40 million and the highest estimate coming in at $36.02 million. First Financial Corporation Indiana reported sales of $34.27 million during the same quarter last year, which indicates a positive year over year growth rate of 4.2%. The firm is scheduled to announce its next earnings results on Tuesday, October 24th.

On average, analysts expect that First Financial Corporation Indiana will report full year sales of $35.71 million for the current year, with estimates ranging from $140.30 million to $142.45 million. For the next fiscal year, analysts anticipate that the firm will report sales of $144.98 million per share, with estimates ranging from $143.55 million to $146.40 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that follow First Financial Corporation Indiana.

First Financial Corporation Indiana (NASDAQ:THFF) last announced its earnings results on Tuesday, July 25th. The bank reported $0.68 EPS for the quarter, missing the consensus estimate of $0.69 by $0.01. First Financial Corporation Indiana had a return on equity of 8.06% and a net margin of 23.36%. The firm had revenue of $34.67 million during the quarter, compared to analyst estimates of $35.15 million.

Several equities analysts recently issued reports on the company. Zacks Investment Research upgraded First Financial Corporation Indiana from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a research report on Wednesday, July 5th. BidaskClub downgraded First Financial Corporation Indiana from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Finally, ValuEngine raised First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

First Financial Corporation Indiana (THFF) opened at 43.70 on Friday. The firm has a 50 day moving average of $46.77 and a 200 day moving average of $47.19. The firm has a market capitalization of $534.15 million, a PE ratio of 15.58 and a beta of 0.84. First Financial Corporation Indiana has a one year low of $39.20 and a one year high of $53.49.

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in First Financial Corporation Indiana by 4.9% in the second quarter. Vanguard Group Inc. now owns 522,920 shares of the bank’s stock worth $24,733,000 after buying an additional 24,521 shares during the period. Northern Trust Corp increased its position in First Financial Corporation Indiana by 4.5% in the second quarter. Northern Trust Corp now owns 406,266 shares of the bank’s stock worth $19,217,000 after buying an additional 17,489 shares during the period. Norges Bank purchased a new position in First Financial Corporation Indiana during the fourth quarter worth $11,625,000. Renaissance Technologies LLC increased its position in First Financial Corporation Indiana by 17.5% in the first quarter. Renaissance Technologies LLC now owns 164,100 shares of the bank’s stock worth $7,795,000 after buying an additional 24,381 shares during the period. Finally, LSV Asset Management increased its position in First Financial Corporation Indiana by 3.3% in the first quarter. LSV Asset Management now owns 144,153 shares of the bank’s stock worth $6,847,000 after buying an additional 4,600 shares during the period. 53.91% of the stock is owned by hedge funds and other institutional investors.

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About First Financial Corporation Indiana

First Financial Corporation is a financial holding company. The Company, through its subsidiaries, offers financial services, including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services. The Company’s subsidiaries include First Financial Bank, N.A.

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

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