Forge Global Holdings Inc expected to post a loss of 11 cents a share - Earnings Preview

Forge Global Holdings

05/08/2023 03:06

* Forge Global Holdings Inc  FRGE.N   FRGE.K  is expected
to show
a rise in quarterly revenue when it reports  results on August
8. 
    * The San Francisco California-based  company is expected to
report  a 1.0% increase in revenue to $16.802 million from
$16.64 million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Forge Global
Holdings Inc
is for a loss of 11 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 $2.08​, below​ its last closing price of $2.89.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.14       -0.14      -0.12     Beat    16.1
 Dec. 31 2023  -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 August 5 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated