Forrester Research Sees FY24 Adj. EPS $1.37-$1.57 vs $1.58 Est., Total Revenues $425M-$435M vs $440.24M Est.
Portfolio Pulse from Benzinga Newsdesk
Forrester Research has provided its financial outlook for FY24, projecting adjusted EPS between $1.37 and $1.57, which is below the estimated $1.58. The company also expects total revenues to be in the range of $425 million to $435 million, falling short of the estimated $440.24 million.
July 30, 2024 | 9:04 pm
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Forrester Research's FY24 financial outlook shows lower-than-expected adjusted EPS and total revenues, which may negatively impact investor sentiment.
The company's projected adjusted EPS and total revenues for FY24 are both below market expectations. This could lead to a negative reaction from investors, potentially driving the stock price down in the short term.
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