Global E Online Q2 EPS $(0.22) Beats $(0.26) Estimate, Sales $133.31M Beat $128.49 Estimate
Portfolio Pulse from Benzinga Newsdesk
Global E Online (NASDAQ:GLBE) reported Q2 losses of $(0.22) per share, beating the analyst consensus estimate of $(0.26) by 15.38%. This is a 29.03% increase over losses from the same period last year. The company also reported quarterly sales of $133.31M, beating the analyst consensus estimate of $128.49M by 103.75M%. This is a 52.69% increase over sales from the same period last year.
August 08, 2023 | 11:02 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Global E Online reported better than expected Q2 results with losses per share and sales beating analyst estimates. This could potentially lead to a positive market reaction.
Global E Online reported better than expected Q2 results, with both losses per share and sales beating analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100