Here's What Key Metrics Tell Us About Forge Global (FRGE) Q4 Earnings

Forge Global Holdings, Inc. (FRGE) reported $18.59 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 2.5%. EPS of -$0.08 for the same period compares to -$0.13 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $20.99 million, representing a surprise of -11.42%. The company delivered an EPS surprise of +11.11%, with the consensus EPS estimate being -$0.09.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Forge Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Custody Solutions - Assets Under Custody: $16.90 billion versus the three-analyst average estimate of $16.98 billion. Custody Solutions - Total Custodial Accounts: 2,376 versus 2,339 estimated by two analysts on average. Revenues- Custodial administration fees: $9.96 million versus $10.36 million estimated by four analysts on average. Revenues- Marketplace revenues: $8.63 million versus the four-analyst average estimate of $10.73 million. View all Key Company Metrics for Forge Global here>>>Shares of Forge Global have returned +13.9% over the past month versus the Zacks S&P 500 composite's -4.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Forge Global Holdings, Inc. (FRGE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks