Forum Energy Technologies Inc reports results for the quarter ended in September 30 - Earnings Summary

Forum Energy Technologies

01/11/2024 03:03

* Forum Energy Technologies Inc  FET.N  reported a quarterly
adjusted loss of 19 cents​​ per share for the quarter ended
September 30.  The mean expectation of two analysts for the
quarter was for earnings of 6 cents per share. 
    * Revenue was $207.80 million​; analysts expected $214.50
million. 
    * Forum Energy Technologies Inc's reported EPS for the
quarter was
a loss of $1.20​.
    * The company reported a quarterly loss of $14.8 million.
    * Forum Energy Technologies Inc shares had fallen by 9.3%
this
quarter and lost 36.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 86.7%
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 November 1 at
03:02 a.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
 Sep. 30 2024      0.06           -0.19          Missed
 Jun. 30 2024      0.04           -0.07          Missed
 Mar. 31 2024      -0.20          -0.12          Beat