Globus Maritime Ltd reports results for the quarter ended September 30 - Earnings Summary

Globus Maritime

29/11/2024 22:52

* Globus Maritime Ltd  GLBS.OQ  reported a quarterly
adjusted loss
of 3 cents​​ per share for the quarter ended September 30, lower
than the same quarter last year, when the company reported EPS
of 17 cents.  The lone analyst forecast for the quarter was
for a loss of 10 cents per share. 
    * Revenue rose 16.5% to $8.95 million from a year ago;
analysts
expected $9.30 million. 
    * Globus Maritime Ltd's reported EPS for the quarter was a
loss
of 3 cents​.
    * The company reported a quarterly loss of $550 thousand.
    * Globus Maritime Ltd shares had fallen by 24.5% this
quarter and
lost 45.3% so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * The average consensus recommendation for the marine
freight &
logistics peer group is also "buy"

Wall Street's median 12-month price target for Globus Maritime
Ltd is $4.00 
This summary was machine generated from LSEG data November 29 at
10:51 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
 Sep. 30 2024      -0.10          -0.03          Beat
 Jun. 30 2024      0.04           0.16           Beat
 Mar. 31 2024      -0.02          -0.01          Beat
 Dec. 31 2023      -0.10          0.02           Beat