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Forrester Res (NASDAQ:FORR) reported its Q4 earnings results on Thursday, February 8, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Forrester Res beat estimated earnings by 4.17%, reporting an EPS of $0.25 versus an estimate of $0.24.
Revenue was down $18.80 million from the same period last year.
Last quarter the company beat on EPS by $0.09 which was followed by a 5.27% drop in the share price the next day.
Here's a look at Forrester Res's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 0.35 | 0.71 | 0.46 | 0.33 |
EPS Actual | 0.44 | 0.94 | 0.27 | 0.45 |
Revenue Estimate | 113.44M | 128.99M | 121.54M | 138.71M |
Revenue Actual | 113.43M | 135.59M | 113.67M | 136.89M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Forrester Res management provided guidance for FY 2024, expecting earnings between $1.5 and $1.7 per share.
To track all earnings releases for Forrester Res visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: FORR