| Forum Energy tops Street 3Q forecasts | |
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HOUSTON (AP) _ Forum Energy Technologies Inc. (FET) on Friday reported earnings of $52.2 million in its third quarter.
On a per-share basis, the Houston-based company said it had profit of 54 cents. Earnings, adjusted for non-recurring gains, were 52 cents per share.
The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.
The provider of manufactured technologies and applied products in the energy sector posted revenue of $468.8 million in the period, which also topped Street forecasts. Analysts expected $443.9 million, according to Zacks.
Forum Energy shares have dropped almost 8 percent since the beginning of the year. The stock has declined 13 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. FET stock research report from Zacks.
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Keywords:Forum Energy,Earnings Report
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Forum Energy Plc
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CODE : FEP.L |
ISIN : GB00B07C1T48 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Forum Energy est une société de production minière basée au Royaume-Uni. Forum Energy est cotée au Royaume-Uni et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 533,3 millions GBX (837,0 millions US$, 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. |