Forgent Power: Fiscal Q1 Earnings Snapshot – WTOP News
The electrical distribution equipment manufacturer beat Wall Street forecasts and issued full-year guidance after reporting $48.2 million in quarterly profit on $478.6 million in revenue.
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Forgent Power Solutions (NYSE:FPS) Announces FY 2027 Earnings Guidance
Forgent Power Solutions (NYSE:FPS) updated its FY 2027 earnings guidance. The company provided EPS guidance of 1.300-1.440 for the period, compared to the consensus estimate of 1.340. The company also issued revenue guidance of $2.5 billion-$2.7 billion, compared to the consensus estimate of $2.5 billion.
Forgent Power: Fiscal Q1 Earnings Snapshot – WTOP News
DAYTON, Minn. (AP) — DAYTON, Minn. (AP) — Forgent Power Solutions Inc. (FPS) on Thursday reported fiscal first-quarter earnings of $48.2 million. On a per-share basis, the Dayton, Minnesota-based company said it had net income of 18 cents. Earnings, adjusted for stock option expense and amortization costs, were 24 cents per share. The results exceeded...
Forgent Power Solutions (FPS) Stock Falls 4% Pre-Market Despite Q1 Beat and Raise
TLDR FPS closed Wednesday at $24.57, then dipped in pre-market trading Thursday. Q1 revenue rose 69% to $479 million, with adjusted EPS of $0.24. Net income jumped 252% to $55 million. Full-year EPS guidance of $1.30 to $1.44 landed close to analyst estimates. Analysts rate the stock a Moderate Buy with a $53.21 average target. [...]
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