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

Forge Global Holdings

09/08/2023 06:55

* Forge Global Holdings Inc  FRGE.N  reported a quarterly
adjusted
loss of 14 cents​​ per share for the quarter ended in June. The
mean expectation of six analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue rose 0.5% to $16.72 million from a year ago;
analysts
expected $16.80 million. 
    * Forge Global Holdings Inc's reported EPS for the quarter
was a
loss of 14 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.5%
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 risen by 17.3% this
quarter and gained 64.7% so far this year.
    * The company reported a quarterly loss of $24.89 million.
    * Wall Street's median 12-month price target for Forge
Global
Holdings Inc is $2.63 
    * 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 LSEG Refinitiv data
August 9 at 05:55 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.11          -0.14          Missed
 Mar. 31 2023      -0.14          -0.12          Beat
 Dec. 31 2022      -0.15          -0.15          Met
 Sep. 30 2022      -0.14          -0.12          Beat