Forge Global (FRGE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Financial Performance - For the quarter ended March 2025, Forge Global Holdings, Inc. reported revenue of $25.3 million, which is an increase of 31.5% compared to the same period last year [1] - The earnings per share (EPS) for the quarter was -$1.29, an improvement from -$1.50 in the year-ago quarter [1] - The reported revenue exceeded the Zacks Consensus Estimate of $24.98 million by 1.27%, and the EPS also surpassed the consensus estimate of -$1.34 by 3.73% [1] Key Metrics - Shares of Forge Global have returned +29.3% over the past month, outperforming the Zacks S&P 500 composite's +10.6% 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] Trading Solutions - In Trading Solutions, the number of trades was 963, which is below the four-analyst average estimate of 1,097 [4] - Trading volume was reported at $692.39 million, slightly above the average estimate of $692 million [4] - In Custody Solutions, assets under custody were $17.64 billion, matching the three-analyst average estimate [4] - The total custodial accounts stood at 2,508, consistent with the average estimate based on two analysts [4] - Custodial administration fees generated revenues of $9.30 million, slightly below the average estimate of $9.50 million [4] - Marketplace revenues were reported at $16 million, exceeding the four-analyst average estimate of $15.83 million [4]