• Forward Industries Inc FWDI.OQ reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 3 cents per share.

• Revenue was $12.96 million​; analysts expected $11.00 million.

• Forward Industries Inc's reported EPS for the quarter was a loss of $2.98​.

• The company reported a quarterly loss of $283.08 million.

• Forward Industries Inc shares had risen by 4.7% this quarter and lost 29.8% so far this year.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Forward Industries Inc is $7.00, about 27.6% above its last closing price of $5.07

This summary was machine generated from LSEG data May 14 at 11:19 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)