Forge Global Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

Forge Global Holdings

07/05/2025 14:31

Forge Global Holdings Inc FRGE.N reported a quarterly adjusted loss of $1.29​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.50.  The mean expectation of six analysts for the quarter was for a loss of $1.32 per share. Wall Street expected results to range from $-1.51 to $-1.05 per share.

Revenue rose 31.5% to $25.30 million from a year ago; analysts expected $23.55 million.

Forge Global Holdings Inc's reported EPS for the quarter was a loss of $1.29​.

The company reported a quarterly loss of $16.17 million.

Forge Global Holdings Inc shares had risen by 43.3% this quarter and lost 13.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 22.5% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

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 average consensus recommendation for the financial technology (fintech) peer group is  "hold."

Wall Street's median 12-month price target for Forge Global Holdings Inc is $30.00

This summary was machine generated from LSEG data May 7 at 01:31 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
-1.32
-1.29
Beat
Dec. 31 2024
-1.34
-1.20
Beat
Sep. 30 2024
-1.30
-1.50
Missed
Jun. 30 2024
-1.71
-1.20
Beat