Global-E Online Ltd. reports results for the quarter ended June 30 - Earnings Summary
Global-E Online Ltd. reports results for the quarter ended June 30 - Earnings Summary
Global-E Online Ltd. GLBE.OQ reported quarterly adjusted earnings of 27 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of eleven analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 20 cents to 24 cents per share.
Revenue rose 39.1% to $299.00 million from a year ago; analysts expected $283.10 million.
Global-E Online Ltd.'s reported EPS for the quarter was 27 cents.
The company reported quarterly net income of $47.72 million.
Global-E Online Ltd. shares had risen by 17.7% this quarter and gained 3.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for Global-E Online Ltd. is $45.00, about 9.2% above its last closing price of $40.86
This summary was machine generated from LSEG data August 12 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.22 | 0.27 | Beat |
Mar. 31 2026 | 0.17 | 0.17 | Met |
Dec. 31 2025 | 0.31 | 0.35 | Beat |
Sep. 30 2025 | 0.07 | 0.07 | Met |
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