Forrester Research, Inc. (FORR) Tops Q1 EPS by 1c; Guides

Forrester Research, Inc. (NASDAQ: FORR) reported Q1 EPS of $0.18, $0.01 better than the analyst estimate of $0.17. Revenue for the quarter came in at $75.2 million versus the consensus estimate of $76.52 million.

Forrester Research, Inc. sees Q2 2015 EPS of $0.30-$0.34, versus the consensus of $0.33. Forrester Research, Inc. sees Q2 2015 revenue of $83.5-86.5 million, versus the consensus of $86 million.

Forrester Research, Inc. sees FY2015 EPS of $1.05-$1.13, versus the consensus of $1.10.

Despite significant FX headwinds, Forrester met revenue and operating income targets and exceeded EPS guidance for the first quarter,” said George F. Colony, Forrester’s chairman and chief executive officer. “We are on pace against our stated plan to gradually improve growth and expand margin this year with the goal to go faster in 2016.”

For earnings history and earnings-related data on Forrester Research, Inc. (FORR) click here.

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