Forrester Research (Nasdaq: FORR ) is expected to report Q4 earnings on Feb. 13. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Forrester Research's revenues will contract -0.3% and EPS will decrease -30.0%.
The average estimate for revenue is $74.4 million. On the bottom line, the average EPS estimate is $0.28.
Last quarter, Forrester Research booked revenue of $68.5 million. GAAP reported sales were 1.8% lower than the prior-year quarter's $69.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.26. GAAP EPS of $0.45 for Q3 were 80% higher than the prior-year quarter's $0.25 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 62.4%, 170 basis points worse than the prior-year quarter. Operating margin was 10.5%, 350 basis points worse than the prior-year quarter. Net margin was 15.1%, 690 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $292.3 million. The average EPS estimate is $1.11.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 71 members out of 78 rating the stock outperform, and seven members rating it underperform. Among 26 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 25 give Forrester Research a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Forrester Research is outperform, with an average price target of $34.25.
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