Forward Industries Inc reports results for the quarter ended June 30 - Earnings Summary

Forward Industries

12/08/2026 22:48

Forward Industries Inc FWDI.OQ reported a quarterly adjusted loss of 80 cents​​ per share for the quarter ended June 30.  The mean expectation of three analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 2 cents to 5 cents per share.
Revenue was $10.78 million​; analysts expected $12.58 million. 
Forward Industries Inc's reported EPS for the quarter was a loss of 80 cents​.
The company reported a quarterly loss of $68.96 million.
Forward Industries Inc shares had risen by 1.4% this quarter and lost 35.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 211.1% 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 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the corporate financial services peer group is also "buy" 
Wall Street's median 12-month price target for Forward Industries Inc is $8.00, about 45% above its last closing price of $4.40
This summary was machine generated from LSEG data August 12 at 09:48 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 
0.03
-0.80
Missed
Mar. 31 2026 
-0.03
-2.98
Missed