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

Forrester Research

07/05/2022 12:00

* 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 32 cents per share.
    * Revenue rose 9.8% to $124.97 million from a year ago; 
analysts
expected $121.78 million. 
    * Forrester Research Inc's reported EPS for the quarter was
22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.7%
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 fallen by 7.0% this
quarter and lost 10.7% so far this year.
    * The company reported quarterly net income of $4.15
million.
    * Wall Street's median 12-month price target for Forrester
Research Inc is $67.50 
    * 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 7 at 10:59 a.m.  ​All
figures in US dollars unless otherwise stated