| Forum Energy misses Street 3Q forecasts | |
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HOUSTON (AP) _ Forum Energy Technologies Inc. (FET) on Thursday reported third-quarter profit of $6.7 million.
The Houston-based company said it had net income of 7 cents per share.
The results did not meet Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The provider of manufactured technologies and applied products in the energy sector posted revenue of $245 million in the period, which also did not meet Street forecasts. Nine analysts surveyed by Zacks expected $263.2 million.
Forum Energy shares have decreased 37 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.98, a decrease of 49 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FET at http://www.zacks.com/ap/FET
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Keywords: Forum Energy Technologies, Earnings Report
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Forum Energy Plc
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CODE : FEP.L |
ISIN : GB00B07C1T48 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Forum Energy est une société de production minière basée au Royaume-Uni. Forum Energy est cotée au Royaume-Uni et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 533,3 millions GBX (837,0 millions US$, 748,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 12 mars 2010 à 99,75 GBX, et son plus bas niveau récent le 23 juin 2015 à 15,00 GBX. Forum Energy possède 35 550 000 actions en circulation. |