Globant Sees FY23 Non-IFRS EPS $5.72 vs $5.71 Est., Sees FY23 Revenues $2.094B vs $2.09B Est.
Portfolio Pulse from Benzinga Newsdesk
Globant provided its financial outlook for FY23, projecting a non-IFRS EPS of $5.72, slightly above the estimate of $5.71, and revenues of $2.094 billion, marginally surpassing the estimated $2.09 billion.
November 16, 2023 | 9:26 pm
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Globant's FY23 financial outlook indicates a non-IFRS EPS of $5.72, which is slightly higher than the consensus estimate of $5.71, and revenues of $2.094 billion, which is also slightly above the estimated $2.09 billion.
The positive financial outlook provided by Globant for FY23, with both non-IFRS EPS and revenues exceeding estimates, is likely to be viewed favorably by investors. This could lead to increased investor confidence and a potential short-term uptick in the stock price. The figures are only marginally above estimates, which suggests a controlled optimism that may not lead to significant volatility but still indicates a positive trajectory.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100