Forbes Energy Services Reports 2015 Third Quarter Financial Results

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Forbes Energy (FES) Misses Q3 EPS by 17c

November 12, 2015 8:21 AM EST

Forbes Energy (NASDAQ: FES) reported Q3 EPS of ($0.62), $0.17 worse than the analyst estimate of ($0.45). Revenue for the quarter came in at $55.6 million versus the consensus estimate of $58.36 million.

Adjusted EBITDA totaled $2.7 million in the third quarter of 2015, compared to $7.4 million in the second quarter of... More