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FET

Forum Energy Technologies, Inc.

$30.22

Earnings Summary

Revenue
$245.65Mn
Net Profits
$-13.73Mn
Net Profit Margins
-5.59%

Highlights

Revenue:

Forum Energy Technologies, Inc.’s revenue fell -10.35% since last year same period to $245.65Mn in the Q2 2019. On a quarterly growth basis, Forum Energy Technologies, Inc. has generated -9.64% fall in its revenue since last 3-months.

Net Profits:

Forum Energy Technologies, Inc.’s net profit jumped 10.52% since last year same period to $-13.73Mn in the Q2 2019. On a quarterly growth basis, Forum Energy Technologies, Inc. has generated -74.11% fall in its net profits since last 3-months.

Net Profit Margins:

Forum Energy Technologies, Inc.’s net profit margin jumped 0.19% since last year same period to -5.59% in the Q2 2019. On a quarterly growth basis, Forum Energy Technologies, Inc. has generated -92.68% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Forum Energy Technologies, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.37
EPS Estimate Current Year
-0.37

Highlights

EPS Estimate Current Quarter:

Forum Energy Technologies, Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.37 - a -5.71% fall from last quarter’s estimates.

EPS Estimate Current Year:

Forum Energy Technologies, Inc.’s earning per share (EPS) estimates for the current year stand at -0.37.

Key Ratios

Key ratios of the Forum Energy Technologies, Inc. post its Q2 2022 earnings

Earning Per Share (EPS)
-0.73
Return on Assets (ROA)
-0
Return on Equity (ROE)
-0.01

Highlights

Earning Per Share (EPS):

Forum Energy Technologies, Inc.’s earning per share (EPS) jumped 72.56% since last year same period to -0.73 in the Q2 2022. This indicates that the Forum Energy Technologies, Inc. has generated 72.56% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Forum Energy Technologies, Inc.’s return on assets (ROA) stands at -0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Forum Energy Technologies, Inc.’s return on equity (ROE) stands at -0.01.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-05
-0.5
-0.73
-46%
2022-05-06
-0.57
-2
-250.88%

Company Information

Forum Energy Technologies, Inc. is a global oilfield products company, serving the drilling, downhole, subsea, completions and production sectors of the oil and natural gas industry. The Company's products include highly engineered capital equipment as well as products that are consumed in the drilling, well construction, production and transportation of oil and natural gas. Forum is headquartered in Houston, TX with manufacturing and distribution facilities strategically located around the globe.

Organisation
Forum Energy Technologies, Inc.
Headquarters
10344 Sam Houston Park Drive, Houston, TX, United States, 77064
Employees
1400
Industry
Industrial Services
CEO
C. Christopher Gaut

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