Forrester Research Inc expected to post earnings of 39cents a share - Earnings Preview
01/11/2022 02:07
* Forrester Research Inc FORR.OQ FORR.O is expected
to show a
rise in quarterly revenue when it reports results on November
2.
* The Cambridge Massachusetts-based company is expected to
report
a 7.3% increase in revenue to $126.8 million from $118.14
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
July 28 2022, for the period ended September 30, was for revenue
between $125.00 million and $129.00 million.
* Refinitiv's mean analyst estimate for Forrester Research
Inc is
for earnings of 39 cents per share. The company's EPS guidance
on July 28 2022, for the period ended September 30, was between
USD0.35 and USD0.41
* 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 $42.32.
The company's guidance on July 28 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD10 million and USD12.9 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
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. 30 2021 0.26 0.26 0.41 Beat 60.8
Jun. 0.56 0.56 0.66 Beat 18.9
30 2021
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
This summary was machine generated November 1 at 02:07 GMT. All
figures in US dollars unless otherwise stated