Forum Energy Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

Forum Energy Technologies

21/02/2025 14:31

* Forum Energy Technologies Inc  FET.N  reported a quarterly
adjusted loss of 48 cents​​ per share for the quarter ended
December 31.  The mean expectation of two analysts for the
quarter was for earnings of 6 cents per share. Wall Street
expected results to range from -5 cents to 16 cents per share.
    * Revenue was $201.00 million​; analysts expected $201.85
million. 
    * Forum Energy Technologies Inc's reported EPS for the
quarter was
a loss of $8.39​.
    * The company reported a quarterly loss of $103.5 million.
    * Forum Energy Technologies Inc shares had risen by 22.6%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 

This summary was machine generated from LSEG data February 21 at
02:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.06           -0.48          Missed
 Sep. 30 2024      -0.15          -0.19          Missed
 Jun. 30 2024      0.22           -0.07          Missed
 Mar. 31 2024      -0.20          -0.12          Beat