Fiscal Year Earnings Estimate on Forum Energy Technologies, Inc.(FET)

Forum Energy Technologies, Inc.(FET): For the most recent quarter end, Forum Energy Technologies, Inc. reported Annual Earnings of $-0.16. Based on the filings, last years Annual Earnings was, $-0.76. For the most recent quarter end, FET reported a surprise Earnings per Share of 5.88% . The consensus estimate for current quarter is $-0.16 and for the current fiscal year, the estimate is $-0.32. For the Next fiscal year, the estimate is $0.41 based on the consensus.

Forum Energy Technologies, Inc. has received $-0.16 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 8 Financial Advisor in the Stock Trading Firms. Among 8 Analysts, Bottom line EPS Estimate for the current quarter is $-0.18 while the top line estimate is $-0.13 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 26.7%. Forum Energy Technologies, Inc. reported better than expected with a surprise EPS of 5.88% or $0.01 during its most recent quarterly earnings. The Actual EPS was $-0.16 compared to the Estimated EPS of $-0.17.

Forum Energy Technologies Inc Last issued its quarterly earnings results on Jul 28, 2016. The company reported $-0.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $-0.26. The company had revenue of $142.80 million for the quarter, compared to analysts expectations of $142.10 million. The companys revenue was down -49.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.16 EPS.

Company has reported several Insider transactions to the SEC, on Jan 6, 2017, James Whelan Harris (EVP & CFO) sold 10,284 shares at 24.00 per share price.On Dec 27, 2016, Prady Iyyanki (President & COO) sold 10,000 shares at 23.00 per share price.On Dec 9, 2016, Andrew L Waite (director) sold 3,725,000 shares at 21.50 per share price.

Forum Energy Technologies, Inc. (NYSE:FET) witnessed a decline in the market cap on Wednesday as its shares dropped 0.24% or 0.05 points. After the session commenced at $20.55, the stock reached the higher end at $20.9 while it hit a low of $20.35. With the volume soaring to 1,074,775 shares, the last trade was called at $20.85. The company has a 52-week high of $26.25. The company has a market cap of $1,990 million and there are 95,455,806 shares in outstanding. The 52-week low of the share price is $9.15.

Forum Energy Technologies is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The Company designs and manufactures products, and engages in aftermarket services, parts supply and related services that complement the Companys product offering.

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