Global-E Online Ltd expected to post a loss of 26 cents a share - Earnings Preview

Global-E Online

04/08/2023 19:36

* Global-E Online Ltd  GLBE.OQ   GLBE.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 8. 
    * The Petah Tikva Israel-based   company is expected to
report  a
47.4% increase in revenue to $128.712 million from $87.31
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on May
22 2023, for the period ended June 30, was for revenue between
$125.00 million and $130.00 million.
    * ​Refinitiv's mean analyst estimate for Global-E Online Ltd
is
for a loss of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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 $45​, above​ its last closing price of $41.42. ​​​

The company's guidance on May 22 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD125 million and USD18 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.29       -0.29      -0.26     Beat    9.5
 Dec. 31 2023  -0.29       -0.29      -0.18     Beat    37.3
 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.        0.00        -0.06      -0.33     Missed  -484.8
 31 2022                                                
 Dec. 31 2021  0.04        0.00       0.05      Beat    2,600​
 Sep. 30 2021  0.01        0.01       0.01      Met     17.6
 Jun. 30 2021  0.00        0.00       0.06      Beat    1,300
 This summary was machine generated August 4 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated