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

ForgeRock

12/05/2022 01:01

* ForgeRock Inc  FORG.N  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for a loss of 16
cents per share.
    * Revenue was $48.09 million​;  analysts expected $46.64
million. 
    * ForgeRock Inc's reported EPS for the quarter was a loss
of 20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 68.2%
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 fallen by 26.5% this quarter and
lost 39.6% so far this year.
    * The company reported a quarterly loss of $16.47 million.
    * Wall Street's median 12-month price target for ForgeRock
Inc is
$25.00 
    * 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 May 12 at 12:01 a.m.  ​All
figures in US dollars unless otherwise stated