Global-E Online Ltd expected to post a loss of 29 cents a share - Earnings Preview

Global-E Online

19/05/2023 14:43

* Global-E Online Ltd  GLBE.OQ   GLBE.O  is expected to show
a
rise in quarterly revenue when it reports  results on May 22. 
    * The Petah Tikva Israel-based   company is expected to
report  a
46.3% increase in revenue to $111.654 million from $76.32
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
February 22 2023, for the period ended March 31, was for revenue
between $108.00 million and $114.00 million.
    * ​Refinitiv's mean analyst estimate for Global-E Online Ltd
is
for a loss of 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"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 $37​, above​ its last closing price of $33.87. ​​​

The company's guidance on February 22 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD108 million and USD12.5 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  
 Dec. 31 2022  -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. 31 2022  0.00        -0.06      -0.33     Missed  -484.8
 ​​Dec.        0.04        0.00       0.05      Beat    2,600
 31 2021                                                
 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 May 19 at 13:43 GMT.  All
figures in US dollars  unless otherwise stated