Forrester Research Inc expected to post earnings of 33cents a share - Earnings Preview
07/02/2023 23:55
* Forrester Research Inc FORR.OQ FORR.O is expected
to show a
rise in quarterly revenue when it reports results on February
9.
* The Cambridge Massachusetts-based company is expected to
report
a 3.7% increase in revenue to $138.711 million from $133.73
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
November 2 2022, for the period ended December 31, was for
revenue between $134.00 million and $144.00 million.
* Refinitiv's mean analyst estimate for Forrester Research
Inc is
for earnings of 33 cents per share. The company's EPS guidance
on November 2 2022, for the period ended December 31, was
between $0.28 and $0.38
* 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 $49.5, above its last closing price of $38.89.
The company's guidance on November 2 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD8.04 million and USD11.52 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Sep. 30 2022 0.39 0.39 0.57 Beat 48.1
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
Sep. 0.26 0.26 0.41 Beat 60.8
30 2021
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
This summary was machine generated February 7 at 23:55 GMT. All
figures in US dollars unless otherwise stated