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

* Forrester Research Inc  FORR.OQ  reported quarterly adjusted
earnings of 45 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 18 cents per share.
* Revenue rose 7% to $113.78 million from a year ago​;  analysts
expected $106.51 million.
* Forrester Research Inc's reported EPS for the quarter was 21
cents​.
* The mean earnings estimate of analysts had fallen by
about 36.8% 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 4.2% this
quarter and gained 5.7% so far this year.
* The company reported quarterly net income of $3.96 million.
* Wall Street's median 12-month price target for Forrester
Research Inc is $50.50 
* 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." 
This summary was machine generated May 6 at 05:38 p.m. GMT. ​All
figures in US Dollars.​

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