Globant Q2 2024 Adj EPS $1.51 Beats $1.50 Estimate, Sales $587.46M Beat $586.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Globant (NYSE:GLOB) reported Q2 2024 adjusted EPS of $1.51, beating the estimate of $1.50. Sales were $587.46M, surpassing the $586.64M estimate. EPS increased by 11.03% YoY, and sales grew by 18.08% YoY.
August 15, 2024 | 8:16 pm
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Globant (NYSE:GLOB) reported Q2 2024 adjusted EPS of $1.51, beating the estimate of $1.50. Sales were $587.46M, surpassing the $586.64M estimate. EPS increased by 11.03% YoY, and sales grew by 18.08% YoY.
Globant's Q2 2024 earnings and sales both exceeded analyst estimates, indicating strong financial performance. The YoY growth in EPS and sales further supports a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100