Global-E Online Ltd expected to post a loss of 13 cents a share - Earnings Preview

Global-E Online

19/02/2024 14:04

* Global-E Online Ltd  GLBE.OQ   GLBE.O  is expected to show
a
rise in quarterly revenue when it reports  results on February
21 for the period ending December 31 2023
    * The Petah Tikva Israel-based   company is expected to
report a
30.1% increase in revenue to $181.994 million from $139.87
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.The company's guidance on November
15 2023, for the period ended December 31, was for revenue
between $178.00 million and $186.00 million.
    * ​LSEG's mean analyst estimate for Global-E Online Ltd is
for a
loss of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Global-E
Online
Ltd is $46.00​, above​ its last closing price of $40.98. ​​​

The company's guidance on November 15 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD178 million and
USD36.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.23       -0.23      -0.20     Beat    13.8
 Jun. 30 2023  -0.25       -0.25      -0.22     Beat    13.2
 Mar. 31 2023  -0.29       -0.29      -0.26     Beat    9.5​
 Dec. 31 2022  -0.29       -0.29      -0.18     Beat    37.3
 ​​Sep.        -0.30       -0.30      -0.41     Missed  -36.1
 30 2022                                                
 Jun. 30 2022  -0.30       -0.30      -0.31     Missed  -2.8​
 Mar. 31 2022  0.00        -0.06      -0.33     Missed  -484.8
 Dec. 31 2021  0.04        0.00       0.05      Beat    2,600
 This summary was machine generated February 19 at 14:04 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)