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

Forrester Research

26/10/2023 22:02

* Forrester Research Inc  FORR.OQ  reported quarterly
adjusted
earnings of 44 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 35 cents per share.
    * Revenue fell 11.2% to $113.43 million from a year ago;
analysts
expected $113.44 million. 
    * Forrester Research Inc's reported EPS for the quarter was
13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.2%
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 9.2% this
quarter and lost 26.6% so far this year.
    * The company reported quarterly net income of $2.48
million.
    * Wall Street's median 12-month price target for Forrester
Research Inc is $36.50 
    * 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
October 26 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.35           0.44           Beat
 Jun. 30 2023      0.72           0.94           Beat
 Mar. 31 2023      0.46           0.27           Missed
 Dec. 31 2022      0.33           0.45           Beat