Johnson Rice Downgrades Forum Energy Technologies (FET) to Equalweight

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Forum Energy Technologies (FET) Lowers Q2 EPS Outlook

July 15, 2013 8:03 AM EDT

Forum Energy Technologies (NYSE: FET) now expects second quarter 2013 diluted earnings per share to be in the range of $0.32 to $0.34 per share. This is below the company's previous guidance range of $0.35 to $0.40. The consensus is $0.34.

Cris Gaut, Chairman and Chief Executive Officer of... More