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

Global-E Online

16/11/2022 22:02

* Global-E Online Ltd  GLBE.OQ  reported a quarterly
adjusted loss
of 41 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was for a
loss of 30 cents per share.
    * Revenue rose 78.5% to $105.56 million from a year ago;
analysts
expected $100.93 million. 
    * Global-E Online Ltd's reported EPS for the quarter was a
loss
of 41 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
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 2.9% this
quarter and
lost 59.0% so far this year.
    * The company reported a quarterly loss of $64.55 million.
    * Wall Street's median 12-month price target for Global-E
Online
Ltd is $40.00 
    * 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 November
16 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.30          -0.41          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