Preview: Globant's Earnings
Portfolio Pulse from Benzinga Insights
Globant (NYSE:GLOB) is set to release its quarterly earnings report on August 17, 2023. Analysts estimate an earnings per share (EPS) of $1.35. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. However, the stock has been down 26.31% over the last 52-week period.
August 16, 2023 | 2:01 pm
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Globant is expected to report an EPS of $1.35. The company has a history of beating EPS estimates, which has often led to a rise in share price. However, the stock has been down 26.31% over the last year.
Globant's earnings report is a significant event that could impact its stock price. The company has a history of beating EPS estimates, which has often led to a rise in share price. However, the stock has been down 26.31% over the last year, indicating a bearish sentiment among long-term shareholders. The upcoming earnings report could either reverse this trend if the company beats the EPS estimate and provides positive guidance, or exacerbate it if the company fails to meet expectations.
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