Globant Expects Q3 Revenues Of $611M - $617M (Est $618.383M), Adjusted EPS Of $1.60 - $1.64 (Est $1.61)
Portfolio Pulse from Benzinga Newsdesk
Globant has announced its Q3 revenue expectations to be between $611M and $617M, slightly below the estimated $618.383M. The company also expects adjusted EPS to be between $1.60 and $1.64, aligning closely with the estimated $1.61.
August 15, 2024 | 8:20 pm
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NEUTRAL IMPACT
Globant's Q3 revenue expectations are slightly below estimates, but its adjusted EPS aligns closely with expectations.
The slight miss on revenue expectations may cause minor concern among investors, but the alignment of adjusted EPS with estimates should mitigate significant negative impact. Overall, the news is neutral for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100