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    FET — Forum Energy Technologies News Story

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    Forum Energy Technologies Inc reports results for the quarter ended March 31 - Earnings Summary

    Picture of Forum Energy Technologies logoForum Energy Technologies
    02/05/2025 05:54
    Forum Energy Technologies Inc FET.N reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -12 cents.  The mean expectation of two analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 10 cents to 43 cents per share.

Revenue fell 4.5% to $193.30 million from a year ago; analysts expected $196.45 million.

Forum Energy Technologies Inc's reported EPS for the quarter was 9 cents​.

The company reported quarterly net income of $1.1 million.

Forum Energy Technologies Inc shares had fallen by 27.2% this quarter and lost 5.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 22.1% 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 May 2 at 04:54 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
    Mar. 31 20250.270.04Missed
    Dec. 31 20240.06-0.48Missed
    Sep. 30 2024-0.15-0.19Missed
    Jun. 30 20240.22-0.07Missed

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