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Forum Energy Tech (FET)
NYSE:FET
Earnings Data
Report Date
Oct 30, 2025After Close (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
0.19Last Year’s EPS
-0.19Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call reflected strong financial results and strategic growth initiatives, including increased free cash flow guidance, robust bookings, and a share repurchase program. However, challenges such as tariff impacts and anticipated market activity decline were noted. Overall, the positive aspects significantly outweigh the lowlights.Company Guidance
Strong Financial Performance
The company reported sequential growth in bookings, revenue, EBITDA, and free cash flow. Revenue and EBITDA were in the top half of guidance ranges, with free cash flow of $23 million in Q2, marking a 27% year-over-year increase.
Increased Free Cash Flow Guidance
FET raised its full-year 2025 free cash flow guidance to between $60 million and $80 million, a $20 million increase, supported by expected working capital reductions and cost savings.
Robust Bookings and Backlog
Bookings increased by 31% from the last quarter, with a book-to-bill ratio of 132%. The backlog reached the highest level in over 10 years, driven by strong performance in the Subsea product line.
Share Repurchase Program
The company repurchased approximately 5% of shares outstanding in 2025 and plans to repurchase an additional 10% based on full-year guidance and current stock price levels.
Vision 2030 and Strategic Growth
FET outlined its Vision 2030 plan, aiming to double revenue organically by expanding its addressable market by more than 50% and leveraging a capital-light business model.
FET Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FET Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Aug 07, 2025 | $18.16 | $22.17 | +22.08% |
May 01, 2025 | $15.14 | $15.05 | -0.59% |
Feb 20, 2025 | $18.99 | $18.28 | -3.74% |
Oct 31, 2024 | $13.98 | $13.96 | -0.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Forum Energy Tech (FET) report earnings?
Forum Energy Tech (FET) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).
What is Forum Energy Tech (FET) earnings time?
Forum Energy Tech (FET) earnings time is at Oct 30, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FET EPS forecast?
FET EPS forecast for the fiscal quarter 2025 (Q3) is 0.19.