Forian FORA is gearing up to announce its quarterly earnings on Wednesday, 2024-11-13. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Forian will report an earnings per share (EPS) of $-0.03.
The announcement from Forian is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
During the last quarter, the company reported an EPS missed by $0.06, leading to a 2.83% drop in the share price on the subsequent day.
Here's a look at Forian's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.02 | -0.02 | -0.03 | -0.03 |
| EPS Actual | -0.08 | -0.04 | -0.01 | 0.16 |
| Price Change % | -3.0% | 1.0% | 4.0% | 8.0% |
Stock Performance
Shares of Forian were trading at $2.02 as of November 11. Over the last 52-week period, shares are down 22.31%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Forian visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
