Forrester Res: Q4 Earnings Insights - Forrester Res (NASDAQ:FORR)

Forrester Res FORR reported its Q4 earnings results on Thursday, February 8, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Forrester Res beat estimated earnings by 4.17%, reporting an EPS of $0.25 versus an estimate of $0.24.

Revenue was down $18.80 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 5.27% drop in the share price the next day.

Here's a look at Forrester Res's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.35	0.71	0.46	0.33
EPS Actual	0.44	0.94	0.27	0.45
Revenue Estimate	113.44M	128.99M	121.54M	138.71M
Revenue Actual	113.43M	135.59M	113.67M	136.89M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Forrester Res management provided guidance for FY 2024, expecting earnings between $1.5 and $1.7 per share.

To track all earnings releases for Forrester Res visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.