Forum Energy Technologies Inc expected to post a loss of 80  cents a share - Earnings Preview

Forum Energy Technologies

26/02/2022 24:47

* Forum Energy Technologies Inc  FET.N   FET  is expected
to show
a rise in quarterly revenue when it reports  results on February
28. 
    * The Houston Texas-based  company is expected to report  a
32.7% increase in revenue to $150 million from $113 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Forum Energy
Technologies
Inc is for a loss of 80 cents per share. For the same quarter
last year, the company reported a loss of $4.80 per share.
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Forum
Energy
Technologies Inc is $30​, about 35.1% above​ its last closing
price of $19.47. ​​​

This summary was machine generated February 26 at 00:47 GMT. 
All figures in US dollars  unless otherwise stated