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Here's What Key Metrics Tell Us About Forge Global (FRGE) Q4 Earnings
FRGEForge(FRGE) ZACKS·2025-03-06 00:00

Financial Performance - Forge Global Holdings, Inc. reported revenue of $18.59 million for the quarter ended December 2024, reflecting a year-over-year decline of 2.5% [1] - The earnings per share (EPS) for the same period was -$0.08, an improvement from -$0.13 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $20.99 million, resulting in a surprise of -11.42% [1] - The company delivered an EPS surprise of +11.11%, with the consensus EPS estimate being -$0.09 [1] Key Metrics - Assets Under Custody in Custody Solutions amounted to $16.90 billion, slightly below the three-analyst average estimate of $16.98 billion [4] - Total Custodial Accounts reached 2,376, exceeding the average estimate of 2,339 by two analysts [4] - Custodial administration fees generated revenues of $9.96 million, compared to the estimated $10.36 million by four analysts [4] - Marketplace revenues were reported at $8.63 million, lower than the four-analyst average estimate of $10.73 million [4] Stock Performance - Shares of Forge Global have returned +13.9% over the past month, contrasting with the Zacks S&P 500 composite's -4.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]