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

ForgeRock

09/11/2022 22:05

* ForgeRock Inc  FORG.N  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in September. The mean
expectation of eleven analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue rose 31.6% to $58.22 million from a year ago;
analysts
expected $50.89 million. 
    * ForgeRock Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 105.4% 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 54.9% this quarter and
lost 15.7% so far this year.
    * The company reported a quarterly loss of $10.94 million.
    * Wall Street's median 12-month price target for ForgeRock
Inc is
$23.25 
    * 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." 

This summary was machine generated from Refinitiv data November
9 at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.15          -0.01          Beat
 Jun. 30 2022      -0.21          -0.17          Beat
 Mar. 31 2022      -0.16          -0.12          Beat
 Dec. 31 2021      -0.12          -0.10          Beat