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

Global-E Online

18/05/2022 08:02

* Global-E Online Ltd  GLBE.OQ  reported a quarterly
adjusted loss
of 33 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for breakeven
results per share.
    * Revenue rose 65.4% to $76.32 million from a year ago; 
analysts
expected $74.98 million. 
    * Global-E Online Ltd's reported EPS for the quarter was a
loss
of 35 cents​.
    * The mean earnings estimate of analysts had risen by
about 105.5%
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 33.2% this
quarter and
lost 64.4% so far this year.
    * The company reported a quarterly loss of $53.59 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 May 18 at 07:02 a.m.  ​All
figures in US dollars unless otherwise stated