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Research firm Sidoti has upwardly revised its earnings per share (EPS) forecasts for Forum Energy Technologies (FET) for the second quarter of 2026. Analysts increased their estimates to $0.53 per share, up from the previous projection of $0.42. This positive revision follows a robust Q1 performance where the company significantly exceeded market expectations. During the first quarter, FET reported an EPS of $0.47 and total revenue of $208.70 million, beating consensus estimates. The updated forecast reflects growing analyst confidence in the company's operational momentum within the energy services sector. However, investors remain attentive to broader market signals, including recent insider selling activity.
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