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

Forum Energy Technologies

04/11/2021 23:22

* Forum Energy Technologies Inc  FET.N  reported a quarterly
adjusted loss of $2.05​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was for a
loss of $1.33 per share.
* Revenue rose 36.1% to $141.00 million from a year ago; 
analysts expected $150.00 million. 
* Forum Energy Technologies Inc's reported EPS for the quarter
was a loss of $2.05​.
* The mean earnings estimate of analysts had fallen by
about 20.9% 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 1.6% this
quarter and gained 92.5% so far this year.
* The company reported a quarterly loss of $11.6 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 November 4 at 11:22 p.m.
 ​All figures in US dollars unless otherwise stated