Forum Markets, Inc reports results for the quarter ended June 30 - Earnings Summary
Forum Markets, Inc reports results for the quarter ended June 30 - Earnings Summary
Forum Markets, Inc FRMM.OQ reported a quarterly adjusted loss of 2 cents per share for the quarter ended June 30. The mean expectation of two analysts for the quarter was for a loss of 26 cents per share. Wall Street expected results to range from -31 cents to -21 cents per share.
Revenue was $1.37 million; analysts expected $3.13 million.
Forum Markets, Inc's reported EPS for the quarter was a loss of 2 cents.
The company reported a quarterly loss of $12.8 million.
Forum Markets, Inc shares had risen by 14.0% this quarter and gained 26.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 62.5% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the miscellaneous fintech infrastructure peer group is also "buy"
Wall Street's median 12-month price target for Forum Markets, Inc is $10.00, about 38.1% above its last closing price of $6.19
This summary was machine generated from LSEG data August 13 at 01:31 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 |
Jun. 30 2026 | -0.26 | -0.02 | Beat |
Mar. 31 2026 | -0.22 | -0.20 | Beat |
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