Forrester Research (FORR) Q4 Earnings and Revenues Beat Estimates

Group 1: Earnings Performance - Forrester Research reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of$ 0.34 per share, and up from $0.25 per share a year ago, representing an earnings surprise of 5.88% [1] - The company posted revenues of$ 108.04 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.69%, but down from year-ago revenues of $118.09 million [2] - Over the last four quarters, Forrester has surpassed consensus EPS estimates just once, while it has topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Forrester Research shares have declined approximately 3.9% since the beginning of the year, contrasting with the S&P 500's gain of 3.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is$ 0.19 on revenues of $98.33 million, and for the current fiscal year, it is$ 1.66 on revenues of $437.45 million [7] Group 3: Industry Context - The Computer - Services industry, to which Forrester belongs, is currently ranked in the top 10% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The current estimate revisions trend for Forrester Research is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]