Global-E Online Ltd reports results for the quarter ended March 31 - Earnings Summary

Global-E Online

14/05/2025 14:31

Global-E Online Ltd GLBE.OQ reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -19 cents.  The mean expectation of ten analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -15 cents to -10 cents per share.

Revenue rose 30.2% to $189.88 million from a year ago; analysts expected $187.77 million.

Global-E Online Ltd's reported EPS for the quarter was a loss of 11 cents​.

The company reported a quarterly loss of $32.05 million.

Global-E Online Ltd shares had risen by 18.9% this quarter and lost 22.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," no "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 $47.00

This summary was machine generated from LSEG data May 14 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
Mar. 31 2025
-0.13
-0.11
Beat
Dec. 31 2024
0.00
0.01
Beat
Sep. 30 2024
-0.15
-0.13
Beat
Jun. 30 2024
-0.16
-0.13
Beat