Forge Global Holdings Q3 2023 EPS $(0.11) Misses $(0.10) Estimate, Sales $18.56M Beat $18.03M Estimate
Portfolio Pulse from vinayak@benzinga.com
Forge Global Holdings (NYSE:FRGE) reported Q3 2023 earnings with losses of $(0.11) per share, missing the analyst consensus estimate of $(0.10) by 10 percent. However, the company's quarterly sales of $18.56 million beat the analyst consensus estimate of $18.03 million by 2.96 percent.
November 07, 2023 | 10:03 pm
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NEUTRAL IMPACT
Forge Global Holdings reported a larger than expected loss per share for Q3 2023, but exceeded sales estimates. This mixed report may lead to uncertain short-term price movements.
Forge Global Holdings reported a larger loss per share than expected, which is generally seen as negative by the market. However, the company also reported higher sales than expected, which is generally seen as positive. These mixed results may lead to uncertain short-term price movements.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100