Forge Global Holdings Inc expected to post a loss of 10 cents a share - Earnings Preview

Forge Global Holdings

04/11/2023 03:03

* Forge Global Holdings Inc  FRGE.N   FRGE.K  is expected
to show
a rise in quarterly revenue when it reports  results on November
7. 
    * The San Francisco California-based  company is expected to
report  a 13.4% increase in revenue to $18.031 million from
$15.9 million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Forge Global
Holdings Inc
is for a loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Forge
Global
Holdings Inc is $3.25​, above​ its last closing price of $2.45.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.11       -0.11      -0.14     Missed  -24.8
 Mar. 31 2023  -0.14       -0.14      -0.12     Beat    16.1
 Dec. 31 2022  -0.15       -0.15      -0.15     Met     -2.3​
 Sep. 30 2022  -0.14       -0.14      -0.12     Beat    14.3
 ​​                                   -0.20             
                                                        ​
 This summary was machine generated November 4 at 03:02 GMT.  All
figures in US dollars  unless otherwise stated