Forrester Research Inc expected to post earnings of 35  cents a share - Earnings Preview

Forrester Research

25/10/2023 03:03

* Forrester Research Inc  FORR.OQ   FORR.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Cambridge Massachusetts-based  company is expected to
report
 a 11.2% decrease in revenue to $113.441 million from $127.68
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 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 $36.5​, above​ its last closing price of $26.01.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.39        0.39       0.57      Beat    48.1
 ​​Jun.        0.73        0.74       1.00      Beat    36.1
 30 2022                                                
 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. 30 2021  0.26        0.26       0.41      Beat    60.8
 This summary was machine generated October 25 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated