Forum Energy Technologies Sees Q4 Sales $190.000M-210.000M vs $214.50M Est
Portfolio Pulse from Benzinga Newsdesk
Forum Energy Technologies (NYSE:FET) projects Q4 sales between $190 million and $210 million, which is below the estimated $214.50 million.
October 31, 2024 | 8:32 pm
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Forum Energy Technologies projects Q4 sales between $190 million and $210 million, below the $214.50 million estimate, which may negatively impact investor sentiment.
The projected Q4 sales range of $190M-$210M is below the market estimate of $214.50M, which could lead to a negative reaction from investors, potentially causing a short-term decline in FET's stock price.
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