Global-E Online Ltd expected to post a loss of 22 cents a share - Earnings Preview

Global-E Online

17/05/2024 14:57

* Global-E Online Ltd  GLBE.OQ   GLBE.O  is expected to show
a
rise in quarterly revenue when it reports  results on May 20 for
the period ending March 31 2024
    * The Petah Tikva Israel-based   company is expected to
report a
20.3% increase in revenue to $141.558 million from $117.63
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.The company's guidance on February
21 2024, for the period ended March 31, was for revenue between
$138.50 million and $145.00 million.
    * ​LSEG's mean analyst estimate for Global-E Online Ltd is
for a
loss of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "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 $43.50​, above​ its last closing price of $28.40. ​​​

The company's guidance on February 21 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD138.5 million and USD20 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  
 Dec. 31 2023  -0.12       -0.13      -0.13     Met     -2
 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.        -0.29       -0.29      -0.18     Beat    37.3
 31 2022                                                
 Sep. 30 2022  -0.30       -0.30      -0.41     Missed  -36.1​
 Jun. 30 2022  -0.30       -0.30      -0.31     Missed  -2.8
 Mar. 31 2022  0.00        -0.06      -0.33     Missed  -484.8
 This summary was machine generated May 17 at 13:57 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)