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

Forum Energy Technologies

06/08/2021 07:45

* Forum Energy Technologies Inc  FET.N  reported a quarterly
adjusted loss of $3.87​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was for a loss
of $1.75 per share.
* Revenue rose 21.3% to $137.40 million from a year ago; 
analysts expected $130.00 million. 
* Forum Energy Technologies Inc's reported EPS for the quarter
was a loss of $3.87​.
* The mean earnings estimate of analysts had risen by about 4.4%
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 fallen by 14.9% this
quarter and gained 68.0% so far this year.
* The company reported a quarterly loss of $21.8 million.
* Wall Street's median 12-month price target for Forum Energy
Technologies Inc is $28.00 
* 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 August 6 at 06:45 a.m.  ​All
figures in US dollars unless otherwise stated