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Market Impact: 0.35

Forrester Research (FORR) Reports Q1 Loss, Tops Revenue Estimates

FORR
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Forrester Research reported a quarterly loss of $0.04 per share, missing the Zacks Consensus Estimate of a $0.12 profit and reversing from earnings of $0.11 per share a year ago. The results indicate a meaningful earnings deterioration versus both expectations and the prior-year period. This is likely to pressure the stock modestly on the print.

Analysis

Forrester Research reported a quarterly loss of $0.04 per share, missing the Zacks Consensus Estimate of a $0.12 profit and reversing from earnings of $0.11 per share a year ago. The results indicate a meaningful earnings deterioration versus both expectations and the prior-year period. This is likely to pressure the stock modestly on the print.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35

Ticker Sentiment

FORR-0.65