Earnings Outlook For Forian
Portfolio Pulse from Benzinga Insights
Forian (NASDAQ:FORA) is scheduled to release its quarterly earnings report on Thursday, 2024-03-28, with an expected EPS of $-0.03. Analysts and investors are keen on not just the earnings beat or miss but also the company's guidance for future growth. Historically, Forian has had mixed earnings performance, with a notable beat last quarter leading to an 8.33% share price increase. However, over the last year, FORA shares have declined by 10.53%, indicating potential concerns among long-term shareholders.
March 27, 2024 | 3:01 pm
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Forian is expected to report a quarterly EPS of $-0.03. A history of mixed earnings performance and a significant share price decline over the past year may influence investor sentiment.
Given Forian's mixed historical earnings performance and the recent 10.53% decline in share price, the upcoming earnings report could maintain current investor sentiment without a significant positive or negative impact. The focus will likely be on the company's future guidance, which could sway the stock's short-term direction based on the optimism or pessimism of the forecast.
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