Benzinga | Nov 5, 2020 06:04PM EST

Forum Energy Technologies Q3 EPS $(0.19) Beats $(0.28) Estimate, Sales $104.00M Miss $104.50M Estimate

Forum Energy Technologies (NYSE:FET) reported quarterly losses of $(0.19) per share which beat the analyst consensus estimate of $(0.28) by 32.14 percent. This is a 1050 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $104.00 million which missed the analyst consensus estimate of $104.50 million by 0.48 percent. This is a 56.54 percent decrease over sales of $239.30 million the same period last year.