Forrester Research Sees FY24 Adj. EPS $1.50-$1.70 Vs $1.58 Est.; Revenue $430M-$450M Vs $437.769M Est.
Portfolio Pulse from Benzinga Newsdesk
Forrester Research projects its FY24 adjusted EPS to be between $1.50 and $1.70, compared to the estimated $1.58. The company also forecasts revenue to be in the range of $430M to $450M, versus the estimated $437.769M.
April 30, 2024 | 9:09 pm
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Forrester Research's FY24 earnings and revenue projections are closely aligned with analyst estimates, indicating a stable outlook.
The projected adjusted EPS and revenue for FY24 by Forrester Research are very close to analyst estimates, suggesting that the company's financial performance is expected to be stable. This alignment with expectations typically results in a neutral short-term impact on the stock price, as it neither significantly exceeds nor falls short of market forecasts.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100