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Stock impact report

Globant S.A. (NYSE:GLOB) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year [Yahoo! Finance]

Globant S.A. Common Shares (GLOB) 
Last globant s.a. common shares earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.globant.com
Company Research Source: Yahoo! Finance
The early response was not positive, with shares down 7.8% to US$224 in the past week. Revenues of US$2.1b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at US$3.64, missing estimates by 4.7%. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. See our latest analysis for Globant Taking into account the latest results, the consensus forecast from Globant's 19 analysts is for revenues of US$2.45b in 2024. This reflects a decent 17% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 20% to US$4.51. Before this earnings report, the analysts had been forecasting revenues of Show less Read more
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