Forrester Res Q1 2024 Adj EPS $0.14 Misses $0.21 Estimate, Sales $100.077M Miss $104.212M Estimate
Portfolio Pulse from Benzinga Newsdesk
Forrester Research (FORR) reported Q1 2024 earnings of $0.14 per share, missing the consensus estimate of $0.21, and sales of $100.077M, below the $104.212M estimate. This represents a decrease from the previous year's earnings and sales.
April 30, 2024 | 8:32 pm
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NEGATIVE IMPACT
Forrester Research reported lower than expected Q1 2024 earnings and sales, missing analyst estimates and showing a decrease from the previous year.
The miss in both earnings per share and sales compared to analyst estimates, along with the year-over-year decline in these figures, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100