Forrester Research Inc expected to post earnings of 26 cents a share - Earnings Preview

Forrester Research

01/11/2021 14:55

* Forrester Research Inc  FORR.OQ   FORR.O  is expected to show
a rise in quarterly revenue when it reports  results on November
3. 
* The Cambridge, Massachusetts-based company is expected to
report  a 7.5% increase in revenue to $116.679 million from
$108.58 million a year ago, according to the mean estimate from
3 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Forrester Research Inc
is for earnings of 26 cents per share. For the same quarter last
year, the company reported earnings of 24 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $56​, about 4.9% above​ its last closing price
of $53.25. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.56        0.56       0.66      Beat    18.9
 Mar. 31 2021  0.18        0.18       0.45      Beat    150
 Dec. 31 2020  0.31        0.31       0.35      Beat    12.9​
 Sep. 30 2020  0.10        0.10       0.24      Beat    152.6
 Jun.          0.27​       0.27       0.65      Beat    137.8​
 30​ 2020​                                              
 Mar. 31 2020  0.10        0.10       0.37      Beat    258.1​
 Dec. 31 2019  0.48        0.48       0.57      Beat    19.6
 Sep. 30 2019  0.29        0.29       0.34      Beat    17.2
 This summary was machine generated November 1 at 14:55 GMT.  All
figures in US dollars unless otherwise stated