The third quarter financial results of Forum Energy Technologies (NYSE: FET) will be unveiled on Thursday 31st October 2024. This eagerly awaited announcement is scheduled to occur after market close.
Financial experts on Wall Street anticipate that the concern is set to announce an estimated $0.06 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $214.5 million for this specific period.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $0.05. This results was derived from the company's total revenue, which reached an impressive $179.3 million during same quarter.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $831.75 million. Furthermore, they are predicting loss of $0.09 per share for the full year.
FET will host a conference call with investment community on 1st November 2024 at 11:00 AM eastern time to discuss the financial results.
Throughout Tuesday's trading, Forum Energy Technologies (FET) shares fluctuated between $13.93 and $14.33, with a trading volume of 71.40 thousand shares. The stock ended the regular trading session at $14.00, marking fall of 2.23 percent.
