Forrester Research Inc expected to post earnings of 32  cents a share - Earnings Preview

Forrester Research

04/05/2022 03:07

* Forrester Research Inc  FORR.OQ   FORR.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 5. 
    * The Cambridge Massachusetts-based  company is expected to
report
 a 7.0% increase in revenue to $121.776 million from $113.78
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Forrester Research
Inc is
for earnings of 32 cents per share. For the same quarter last
year, the company reported earnings of 45 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 $67.5​, above​ its last closing price of $55.07.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.56        0.56       0.59      Beat    5.4
 Sep. 30 2021  0.26        0.26       0.41      Beat    60.8
 Jun. 30 2021  0.56        0.56       0.66      Beat    18.9​
 Mar. 31 2021  0.18        0.18       0.45      Beat    150
 ​​Dec.        0.31        0.31       0.35      Beat    12.9
 31 2020                                                
 Sep. 30 2020  0.10        0.10       0.24      Beat    152.6​
 Jun. 30 2020  0.27        0.27       0.65      Beat    137.8
 Mar. 31 2020  0.10        0.10       0.37      Beat    258.1
 This summary was machine generated May 4 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated