FET
Forum Energy Technologies, Inc.
$22.94
Earnings Summary
Revenue | $172.25Mn |
Net Profits | $9.26Mn |
Net Profit Margins | 5.38% |
Highlights
Forum Energy Technologies, Inc.’s revenue jumped 25.34% since last year same period to $172.25Mn in the Q2 2022. On a quarterly growth basis, Forum Energy Technologies, Inc. has generated 11% jump in its revenue since last 3-months.
Forum Energy Technologies, Inc.’s net profit jumped 142.48% since last year same period to $9.26Mn in the Q2 2022. On a quarterly growth basis, Forum Energy Technologies, Inc. has generated 200.71% jump in its net profits since last 3-months.
Forum Energy Technologies, Inc.’s net profit margin jumped 133.89% since last year same period to 5.38% in the Q2 2022. On a quarterly growth basis, Forum Energy Technologies, Inc. has generated 190.73% jump 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
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.
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 Q4 2022 earnings
Return on Assets (ROA) | 0.01 |
Return on Equity (ROE) | 0.01 |
Highlights
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 0.01.
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 Date | Estimated EPS | Reported EPS | Surprise % |
|---|---|---|---|
2020-02-25 | -1.7 | -1.8 | -5.88% |
2019-10-30 | -1.07 | 0.4 | 137.38% |
2019-05-01 | -1.3 | -0.8 | 38.46% |
2019-07-31 | -1.11 | -1.6 | -44.14% |
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 | 1500 |
Industry | Industrial Services |
CEO | C. Christopher Gaut |
