Forrester (FORR) Misses Q3 EPS by 5c, provides guidance

Forrester (NASDAQ: FORR) reported Q3 EPS of $0.29, $0.05 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $102.5 million versus the consensus estimate of $101.94 million.

GUIDANCE:

Forrester sees FY2024 EPS of ($0.24)-($0.04), versus the consensus of $1.46. Forrester sees FY2024 revenue of $425-435 million, versus the consensus of $430.3 million. Operating margin of approximately 0.5% to 1.5%
Interest expense of approximately $3.0 million
An effective tax rate of approximately 135% to 270%

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

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