Globus Maritime Ltd reports results for the quarter ended in March - Earnings Summary

Globus Maritime

05/06/2023 12:47

* Globus Maritime Ltd  GLBS.OQ  reported quarterly adjusted
earnings of 13 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for a loss of 14
cents per share.
    * Revenue fell 53.5% to $8.58 million from a year ago;
analysts
expected $6.30 million. 
    * Globus Maritime Ltd's reported EPS for the quarter was 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 275%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Globus Maritime Ltd shares had fallen by 17.2% this
quarter and
lost 11.7% so far this year.
    * The company reported quarterly net income of $2.59
million.
    * Wall Street's median 12-month price target for Globus
Maritime
Ltd is $3.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
5 at 11:46 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.14          0.13           Beat
 Dec. 31 2022      -0.05          -0.15          Missed
 Sep. 30 2022      0.21           0.21           Met
 Jun. 30 2022      0.44           0.54           Beat