ForgeRock Inc expected to post a loss of 15 cents a share - Earnings Preview

ForgeRock

08/11/2022 03:03

* ForgeRock Inc  FORG.N   FORG.K  is expected to show a rise
in
quarterly revenue when it reports  results on November 9. 
    * The San Francisco California-based  company is expected to
report  a 15.1% increase in revenue to $50.894 million from
$44.23 million a year ago, according to the mean estimate from
10 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ForgeRock Inc is
for a
loss of 15 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"hold" and no "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 ForgeRock
Inc is
$23.25​, above​ its last closing price of $22.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.21       -0.21      -0.17     Beat    20.9
 Mar. 31 2022  -0.16       -0.16      -0.12     Beat    25.5
 Dec. 31 2021  -0.12       -0.12      -0.10     Beat    20​
 Sep. 30 2021  -0.45       -0.45      -0.35     Beat    22.7
 ​​                                                     
                                                        ​
 This summary was machine generated November 8 at 03:02 GMT.  All
figures in US dollars  unless otherwise stated