FET missed EPS expectations by 111.58%
Feb 28, 2025, 11:32 AM
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What does FET do
Forum Energy Technologies, based in Houston, Texas, designs and manufactures products for the oil and natural gas industry, employing 1,600 staff since its IPO in 2012. Its key segments include Drilling and Completions, and Artificial Lift and Downhole, offering solutions for various energy and infrastructure markets.
Forum Energy Technologies (FET) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Forum Energy Technologies's actual EPS was -$0.48, missing the estimate of $0.06 per share, resulting in a -111.58% surprise.
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