Forian Inc expected to post a loss of 3 cents a share - Earnings Preview

Forian.

26/03/2024 21:09

* Forian Inc  FORA.OQ   FORA.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 28 for the
period ending December 31 2023
    * The Newtown Pennsylvania-based  company is expected to
report a
29.7% decrease in revenue to $5.558 million from $7.9 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Forian Inc is for a loss
of 3
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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 Forian Inc
is
$5.00​, above​ its last closing price of $3.07. ​​​

This summary was machine generated March 26 at 21:09 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)