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

Forum Energy Technologies

01/03/2022 16:47

* Forum Energy Technologies Inc  FET.N  reported a quarterly
adjusted loss of $3.46​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was for a
loss of 80 cents per share.
    * Revenue rose 31.1% to $148.10 million from a year ago; 
analysts
expected $150.00 million. 
    * Forum Energy Technologies Inc's reported EPS for the
quarter was
a loss of $3.46​.
    * 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. 
    * Forum Energy Technologies Inc shares had risen by 19.4%
this
quarter.
    * The company reported a quarterly loss of $19.6 million.
    * Wall Street's median 12-month price target for Forum
Energy
Technologies Inc is $30.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 1 at 04:47 p.m.  ​All
figures in US dollars unless otherwise stated