Globant Sees FY23 EPS $5.72 Vs $5.71 Est.; Revenue $2.094M Vs $2.07M Est.
Portfolio Pulse from Benzinga Newsdesk
Globant has projected its FY23 earnings per share (EPS) to be $5.72, slightly higher than the estimated $5.71. The company also expects its revenue to be $2.094M, surpassing the estimated $2.07M.
August 17, 2023 | 8:19 pm
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Globant's FY23 EPS and revenue forecasts are higher than estimates, which could positively impact its stock price.
Companies that report earnings or revenue forecasts that beat estimates often see a positive reaction in their stock price. As such, Globant's higher-than-expected FY23 EPS and revenue forecasts could lead to an increase in its stock price.
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