Globant Revises FY24 Outlook For Revenues From $2.405B - $2.44B To $2.407B - $2.421B (Est $2.427B), Adjusted EPS From $6.20 - $6.50 To $6.30 - $6.50 (Est $6.36)
Portfolio Pulse from Benzinga Newsdesk
Globant has revised its FY24 revenue outlook from $2.405B - $2.44B to $2.407B - $2.421B, slightly below the estimated $2.427B. The adjusted EPS outlook has been updated from $6.20 - $6.50 to $6.30 - $6.50, aligning closely with the estimated $6.36.
August 15, 2024 | 8:24 pm
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Globant has revised its FY24 revenue outlook to $2.407B - $2.421B, slightly below the estimated $2.427B. The adjusted EPS outlook has been updated to $6.30 - $6.50, aligning closely with the estimated $6.36.
The revision in revenue outlook is slightly below market expectations, which could create a neutral to slightly negative sentiment. However, the adjusted EPS outlook aligns closely with estimates, mitigating potential negative impacts.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100