Forrester Research Inc expected to post earnings of 46  cents a share - Earnings Preview

Forrester Research

03/05/2023 03:06

* Forrester Research Inc  FORR.OQ   FORR.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 4. 
    * The Cambridge Massachusetts-based  company is expected to
report
 a 2.7% decrease in revenue to $121.539 million from $124.97
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 46 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 $42​, above​ its last closing price of $29.98.
​​​

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 2022  0.33        0.33       0.45      Beat    36.4
 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.        0.56        0.56       0.59      Beat    5.4
 31 2021                                                
 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
 This summary was machine generated May 3 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated