Globus Maritime Q1 EPS $(0.01) Beats $(0.02) Estimate, Sales $7.71M Miss $8.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Globus Maritime (NASDAQ:GLBS) reported Q1 earnings per share (EPS) of $(0.01), beating the analyst estimate of $(0.02). However, sales of $7.71 million missed the $8.00 million estimate. Both EPS and sales showed a decline compared to the same period last year.
June 07, 2024 | 8:08 pm
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Globus Maritime reported Q1 EPS of $(0.01), beating the $(0.02) estimate, but sales of $7.71 million missed the $8.00 million estimate. Both metrics showed a decline compared to the same period last year.
While the EPS beat the estimate, the sales miss and the year-over-year decline in both EPS and sales suggest mixed results. This could lead to neutral short-term price movement as investors weigh the positive EPS against the negative sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100