Global E Online's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Global E Online (NASDAQ:GLBE) is expected to release its quarterly earnings report on Wednesday, 2023-11-15, with an estimated EPS of $-0.23. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, GLBE's stock price has shown volatility post-earnings, with a mix of positive and negative reactions. Shares are currently trading at $36.65, up 52.81% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
November 14, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Global E Online (GLBE) is set to report earnings with an anticipated EPS of $-0.23. Positive guidance could boost the stock, while a miss may lead to volatility. Historical data shows significant price changes post-earnings.
The short-term impact on GLBE's stock will likely hinge on whether the company beats the earnings estimate and provides positive guidance. Historical performance indicates that the stock is sensitive to earnings reports, but the current bullish trend may mitigate negative reactions if expectations are not met.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100