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

Forge Global Holdings

09/11/2022 23:46

* Forge Global Holdings Inc  FRGE.N  reported a quarterly
adjusted
loss of 12 cents​​ per share for the quarter ended in September.
The mean expectation of two analysts for the quarter was for a
loss of 14 cents per share.
    * Revenue was $15.90 million​; analysts expected $16.60
million. 
    * Forge Global Holdings Inc's reported EPS for the quarter
was a
loss of 12 cents​.
    * 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 16.6% this
quarter and lost 85.2% so far this year.
    * The company reported a quarterly loss of $16.2 million.
    * Wall Street's median 12-month price target for Forge
Global
Holdings Inc is $10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 11:46 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.14          -0.12          Beat