Forian Inc expected to post a loss of 11 cents a share - Earnings Preview

Forian.

10/05/2023 21:03

* Forian Inc  FORA.OQ   FORA.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 12. 
    * The Newtown Pennsylvania-based  company is expected to
report  a
10.8% decrease in revenue to $5.7 million from $6.39 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Forian Inc is for a
loss
of 11 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Forian Inc
is
$7​, above​ its last closing price of $2.57. ​​​

This summary was machine generated May 10 at 20:03 GMT.  All
figures in US dollars  unless otherwise stated