Global-E Online Ltd reports results for the quarter ended in June - Earnings Summary

Global-E Online

16/08/2022 14:32

* Global-E Online Ltd  GLBE.OQ  reported a quarterly
adjusted loss
of 31 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for a loss
of 30 cents per share.
    * Revenue rose 52.4% to $87.31 million from a year ago;
analysts
expected $83.46 million. 
    * Global-E Online Ltd's reported EPS for the quarter was a
loss
of 31 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Global-E Online Ltd shares had risen by 35.5% this
quarter and
lost 56.9% so far this year.
    * The company reported a quarterly loss of $48.62 million.
    * Wall Street's median 12-month price target for Global-E
Online
Ltd is $30.00 
    * 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." 

This summary was machine generated from Refinitiv data August 16
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.30          -0.31          Missed
 Mar. 31 2022      -0.06          -0.33          Missed
 Dec. 31 2021      0.00           0.05           Beat
 Sep. 30 2021      0.01           0.01           Met