Forrester Research (FORR) Tops Q1 Earnings Estimates

Core Insights - Forrester Research reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.08 per share, but down from $0.14 per share a year ago, resulting in an earnings surprise of 37.50% [1] - The company posted revenues of $89.88 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.89% and down from $100.08 million year-over-year [2] - Forrester Research shares have declined approximately 37.9% year-to-date, contrasting with the S&P 500's decline of 3.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.51 on revenues of $111.12 million, and for the current fiscal year, it is $1.30 on revenues of $407.81 million [7] - The estimate revisions trend for Forrester Research is currently unfavorable, leading to a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Computer - Services industry, to which Forrester Research belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, WidePoint, is expected to report a quarterly loss of $0.01 per share, reflecting a year-over-year change of +85.7%, with revenues anticipated to be $38.57 million, up 12.7% from the previous year [9][10]