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

Forum Energy Technologies

03/05/2024 15:31

* Forum Energy Technologies Inc  FET.N  reported a quarterly
adjusted loss of 12 cents​​ per share for the quarter ended in
March.  The mean expectation of two analysts for the quarter was
for a loss of 20 cents per share. Wall Street expected
results to range from -81 cents to 40 cents per share.
    * Revenue was $202.40 million​; analysts expected $212.05
million. 
    * Forum Energy Technologies Inc's reported EPS for the
quarter was
a loss of 85 cents​.
    * The company reported a quarterly loss of $10.3 million.
    * Forum Energy Technologies Inc shares had fallen by 3.0%
this
quarter and lost 12.5% so far this year.

FORECAST CHANGES
    * 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 May 3 at 02:31
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
 Mar. 31 2024      -0.20          -0.12          Beat