Forrester's share price decline materially after posting directionally negatively fundamental results in Q4. Looking forward, with the FD product transition now behind them, I think there's a more positive future than the market is assuming. My concerns, however, remain future M&A risks per their history as well as future strategy shifts again, both of which would put another dent in the financial profile (returns).
Q4 results were weak, with revenue down significantly, but earnings ticking up due to strict cost control. Underlying metrics are in a positive trend, with management expecting CV to stabilize this year, following several quarters of declines. Shares are cheaply valued at 7.5 times earnings, when adjusting for its net cash position, which represents more than 25% of the current market cap.
Forrester Research, Inc. (NASDAQ:FORR ) Q4 2024 Earnings Conference Call February 11, 2025 4:30 PM ET Company Participants Edward Bryce Morris - Vice President of Corporate Development and Investor Relations George Colony - Chief Executive Officer Chris Finn - Chief Financial Officer Nate Swan - Chief Sales Officer Carrie Johnson - Chief Product Officer Conference Call Participants Andrew Nicholas - William Blair & Company Anja Soderstrom - Sidoti & Company, LLC Operator Good afternoon, and thank you for standing by. Welcome to Forrester's Fourth Quarter and Full Year 2024 Conference Call.
While the top- and bottom-line numbers for Forrester Research (FORR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Forrester Research (FORR) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.25 per share a year ago.
Sucharita Kodali, Forrester Research retail analyst, joins 'Squawk Box' to discuss Macy's latest announcement, what comps in November tells Kodali, and where consumers are shopping right now.
Forrester Research, Inc. (NASDAQ:FORR ) Q3 2024 Earnings Conference Call November 5, 2024 4:30 PM ET Company Participants Ed Bryce Morris - Vice President of Corporate Development and Investor Relations George Colony - Chief Executive Officer Chris Finn - Chief Financial Officer Nate Swan - Chief Sales Officer Carrie Johnson - Chief Product Officer Conference Call Participants Andrew Nicholas - William Blair Anja Soderstrom - Sidoti & Company, LLC Vincent Colicchio - Barrington Research Associates Operator Good afternoon and thank you for standing by. Welcome to Forrester's Third Quarter 2024 Conference Call.
While the top- and bottom-line numbers for Forrester Research (FORR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Forrester Research (FORR) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.44 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors with an interest in Computer - Services stocks have likely encountered both Forrester Research (FORR) and CACI International (CACI). But which of these two stocks offers value investors a better bang for their buck right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.