Forge Global Holdings Inc expected to post a loss of 9 cents a share - Earnings Preview

Forge Global Holdings

03/03/2025 21:24

Forge Global Holdings Inc FRGE.N, FRGE.K is expected to show a rise in quarterly revenue when it reports  results on March 5 for the period ending December 31 2024

The San Francisco California-based  company is expected to report a 8.4% increase in revenue to $20.653 million from $19.06 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Forge Global Holdings Inc is for a loss of 9 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and 1 "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 $2.85​, above​ its last closing price of $1.00. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.09
-0.09
-0.10
Missed
-14.9
Jun. 30 2024
-0.11
-0.11
-0.08
Beat
29.6
Mar. 31 2024
-0.12
-0.12
-0.10
Beat
13.4​
Dec. 31 2023
-0.09
-0.10
-0.15
Missed
-43.5
​​Sep. 30 2023
-0.11
-0.10
-0.11
Missed
-6.5
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

This summary was machine generated March 3 at 21:24 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)