Globant (NYSE: GLOB) has announced that it will be unveiling its second quarter financial results on Thursday 15th August 2024. The disclosure is planned to occur after market close.
Financial analysts on Wall Street are predicting that the company is about to reveal an estimated $1.49 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $586.7 million for this period.
The firm is forecasting a promising Q2, hoping to hit revenue targets between $585.00- $589.00 million, as well as earnings expectations of between income of $1.47 and $1.52 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $1.53 | +19.5% | 571.08 M | +20.9% |
| Q4 2023 | $1.62 | +15.7% | 580.71 M | +18.3% |
| Q3 2023 | $1.48 | +16.5% | 545.28 M | +18.8% |
| Q2 2023 | $1.36 | +11.5% | 497.53 M | +15.9% |
*Growth on year-over-year basis
GLOB recently projected 2024 revenue projections of $2.41 to $2.44 billion, and earnings forecasted to be between $6.20 and$6.50 profit per share
According to analysts on Wall Street, the company’s full-year performance is projected to result in a total revenue of $2.43 billion. Additionally, they forecast the earnings per share to hit profit of $6.36 for the fiscal year.
Throughout the previous trading day, Globant (GLOB) shares fluctuated between $188.24 and $191.42, with a trading volume of 378.90 thousand shares. The stock ended the regular trading session at $191.16, marking an increase of 0.63 percent.
