Forrester Research Full Year 2024 Earnings: EPS Beats Expectations

Forrester Research (NASDAQ:FORR) Full Year 2024 Results

Key Financial Results

• Revenue: US$432.5m (down 10.0% from FY 2023).
• Net loss: US$5.75m (down by 288% from US$3.05m profit in FY 2023).
• US$0.30 loss per share (down from US$0.16 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Forrester Research EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.3%.

Looking ahead, revenue is expected to decline by 1.4% p.a. on average during the next 2 years, while revenues in the Professional Services industry in the US are expected to grow by 6.4%.

Performance of the American Professional Services industry.

The company's shares are down 6.6% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Forrester Research's balance sheet health.

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