<Is this a cell formatting issue??

Yes. Format as General and re-enter the formula (F2, ENTER)

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Kind regards,

Niek Otten
Microsoft MVP - Excel

"mikehutt" wrote in message ...
|I have a problem where when I insert a formula such as ='Sheet21'!F3, the
| cell shows the formula, instead of the result. This isn't consistent
| apparently. I have managed to copy the formula from another cell that works,
| but when I then change the cell ref (e.g F3 to F4 in the above example), the
| cell displays the formula again, instead of the result. Cell format is
| "Text". Is this a cell formatting issue??