Globant Q2 EPS $1.36 Beats $1.35 Estimate, Sales $497.50M Beat $496.53M Estimate
Portfolio Pulse from Benzinga Newsdesk
Globant (NYSE:GLOB) reported Q2 earnings of $1.36 per share, beating the analyst consensus estimate of $1.35 by 0.74 percent. This is an 11.48 percent increase from the same period last year. The company also reported quarterly sales of $497.50 million, beating the analyst consensus estimate of $496.53 million by 0.20 percent, a 15.90 percent increase from last year.
August 17, 2023 | 8:16 pm
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POSITIVE IMPACT
Globant's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Globant's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for the company's financial performance and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100