Forge Global Holdings Inc reports results for the quarter ended in December - Earnings Summary

Forge Global Holdings

01/03/2023 03:45

* Forge Global Holdings Inc  FRGE.N  reported a quarterly
adjusted
loss of 15 cents​​ per share for the quarter ended in December.
The mean expectation of six analysts for the quarter was for a
loss of 15 cents per share.
    * Revenue was $16.82 million​; analysts expected $17.88
million. 
    * Forge Global Holdings Inc's reported EPS for the quarter
was a
loss of 15 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Forge Global Holdings Inc shares had fallen by 0.6% this
quarter.
    * The company reported a quarterly loss of $26.12 million.
    * Wall Street's median 12-month price target for Forge
Global
Holdings Inc is $1.88 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 03:45 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.15          -0.15          Met
 Sep. 30 2022      -0.14          -0.12          Beat
                                  -0.20