ForgeRock Inc reports results for the quarter ended in June - Earnings Summary

ForgeRock

11/08/2022 22:50

* ForgeRock Inc  FORG.N  reported a quarterly adjusted loss
of 17
cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for a loss of 21
cents per share.
    * Revenue was $47.68 million​; analysts expected $47.19
million. 
    * ForgeRock Inc's reported EPS for the quarter was a loss
of 26
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * ForgeRock Inc shares had risen by 8.8% this quarter and
lost 12.7% so far this year.
    * The company reported a quarterly loss of $22.37 million.
    * Wall Street's median 12-month price target for ForgeRock
Inc is
$24.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 11
at 09:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.21          -0.17          Beat
 Mar. 31 2022      -0.16          -0.12          Beat
 Dec. 31 2021      -0.12          -0.10          Beat
 Sep. 30 2021      -0.45          -0.35          Beat