Global-E Online Ltd expected to post a loss of 30 cents a share - Earnings Preview

Global-E Online

14/11/2022 21:04

* Global-E Online Ltd  GLBE.OQ   GLBE.O  is expected to show
a
rise in quarterly revenue when it reports  results on November
16. 
    * The Petah Tikva Israel-based   company is expected to
report  a
70.7% increase in revenue to $100.925 million from $59.12
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
August 16 2022, for the period ended September 30, was for
revenue between $99.50 million and $102.50 million.
    * ​Refinitiv's mean analyst estimate for Global-E Online Ltd
is
for a loss of 30 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 $40​, above​ its last closing price of $23.29. ​​​

The company's guidance on August 16 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD99.5 million and
USD11.5 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  
 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​
 Sep. 30 2021  0.01        0.01       0.01      Met     17.6
 ​​Jun.        0.00        0.00       0.06      Beat    1,300
 30 2021                                                
                                                        ​
 This summary was machine generated November 14 at 21:04 GMT. 
All figures in US dollars  unless otherwise stated