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

Forrester Research

05/05/2023 17:38

* Forrester Research Inc  FORR.OQ  reported quarterly
adjusted
earnings of 27 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 46 cents per share.
    * Revenue fell 9% to $113.67 million from a year ago;
analysts
expected $121.54 million. 
    * Forrester Research Inc's reported EPS for the quarter was
a loss
of 21 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.2%
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 8.9% this
quarter and lost 17.6% so far this year.
    * The company reported a quarterly loss of $4.08 million.
    * Wall Street's median 12-month price target for Forrester
Research Inc is $37.50 
    * 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 from LSEG Refinitiv data May
5 at 04:38 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.46           0.27           Missed
 Dec. 31 2022      0.33           0.45           Beat
 Sep. 30 2022      0.39           0.57           Beat
 Jun. 30 2022      0.74           1.00           Beat