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

Global-E Online

08/08/2023 14:33

* Global-E Online Ltd  GLBE.OQ  reported a quarterly
adjusted loss
of 22 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss
of 25 cents per share.
    * Revenue rose 52.7% to $133.31 million from a year ago;
analysts
expected $128.89 million. 
    * Global-E Online Ltd's reported EPS for the quarter was a
loss
of 22 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Global-E Online Ltd shares had fallen by 0.3% this
quarter and
gained 97.8% so far this year.
    * The company reported a quarterly loss of $35.53 million.
    * Wall Street's median 12-month price target for Global-E
Online
Ltd is $45.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.25          -0.22          Beat
 Mar. 31 2023      -0.29          -0.26          Beat
 Dec. 31 2022      -0.29          -0.18          Beat
 Sep. 30 2022      -0.30          -0.41          Missed