Forum Energy Technologies Inc expected to post earnings of 12 cents a share - Earnings Preview

Forum Energy Technologies

06/08/2025 24:09

Forum Energy Technologies Inc FET.N, FET is expected to  show a fall in quarterly revenue when it reports  results on August 7 for the period ending June 30 2025

The Houston Texas-based  company is expected to report a 7.2% decrease in revenue to $190.35 million from $205.2 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on May 2 2025, for the period ended June 30, was for revenue between $180.00 million and $200.00 million.

​LSEG's mean analyst estimate for Forum Energy Technologies Inc is for earnings of 12 cents per share.

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 $24.00, about 21.1% above its last closing price of $18.93

The company's guidance on May 1 2025 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD180 million and USD22 million.

This summary was machine generated August 5 at 23:09 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)