Forrester Research Inc expected to post earnings of 25 cents a share - Earnings Preview
06/02/2024 22:03
* Forrester Research Inc FORR.OQ FORR.O is expected
to show a
fall in quarterly revenue when it reports results on February 8
for the period ending December 31 2023
* The Cambridge Massachusetts-based company is expected to
report
a 14.9% decrease in revenue to $116.427 million from $136.89
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (SAL is based on Total Revenue)
* LSEG's mean analyst estimate for Forrester Research Inc
is for
earnings of 25 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"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 Forrester
Research Inc is $28.00, above its last closing price
of $24.53.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.35 0.35 0.44 Beat 25.7
Jun. 30 2023 0.71 0.72 0.94 Beat 31.5
Mar. 31 2023 0.46 0.46 0.27 Missed -41.3
Dec. 31 2022 0.33 0.33 0.45 Beat 36.4
Sep. 0.39 0.39 0.57 Beat 48.1
30 2022
Jun. 30 2022 0.73 0.74 1.00 Beat 36.1
Mar. 31 2022 0.31 0.32 0.45 Beat 42.9
Dec. 31 2021 0.56 0.56 0.59 Beat 5.4
This summary was machine generated February 6 at 22:03 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)