Forrester (FORR) Misses Q2 EPS by 2c, provides guidance

Forrester (NASDAQ: FORR) reported Q2 EPS of $0.68, $0.02 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $121.8 million versus the consensus estimate of $121.21 million.

Full-Year 2024 (Adjusted):

Adjusted financial guidance for full-year 2024 excludes stock-based compensation expense of $14.5 million to $15.0 million, amortization of acquisition-related intangible assets of approximately $10.0 million, restructuring costs of approximately $7.0 million, and any investment gains or losses.

Adjusted operating margin of approximately 8.5% to 9.5%
Adjusted effective tax rate of approximately 29%
Adjusted diluted earnings per share of approximately $1.37 to $1.57

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

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