Forrester Research Inc reports results for the quarter ended in June - Earnings Summary

Forrester Research

27/07/2023 23:25

* Forrester Research Inc  FORR.OQ  reported quarterly
adjusted
earnings of 94 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 72 cents per share.
    * Revenue fell 8.5% to $135.59 million from a year ago;
analysts
expected $128.99 million. 
    * Forrester Research Inc's reported EPS for the quarter was
28
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Forrester Research Inc shares had risen by 7.9% this
quarter and
lost 12.2% so far this year.
    * The company reported quarterly net income of $5.3 million.
    * Wall Street's median 12-month price target for Forrester
Research Inc is $34.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 10:25 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.72           0.94           Beat
 Mar. 31 2023      0.46           0.27           Missed
 Dec. 31 2022      0.33           0.45           Beat
 Sep. 30 2022      0.39           0.57           Beat