Globant (NYSE:GLOB – Get Free Report) is scheduled to release its earnings data after the market closes on Thursday, August 15th. Analysts expect Globant to post earnings of $1.51 per share for the quarter.
Globant (NYSE:GLOB – Get Free Report) last posted its quarterly earnings results on Thursday, May 16th. The information technology services provider reported $1.19 EPS for the quarter, beating the consensus estimate of $1.18 by $0.01. Globant had a net margin of 7.62% and a return on equity of 11.60%. The firm had revenue of $571.08 million for the quarter, compared to analyst estimates of $570.72 million. On average, analysts expect Globant to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Globant Stock Performance
Globant stock traded down $0.82 during trading on Friday, reaching $183.14. 55,211 shares of the company’s stock were exchanged, compared to its average volume of 508,914. The company’s 50-day moving average is $177.37 and its two-hundred day moving average is $194.79. Globant has a 52-week low of $151.68 and a 52-week high of $251.50. The firm has a market cap of $7.89 billion, a price-to-earnings ratio of 47.61, a PEG ratio of 1.98 and a beta of 1.41.
Analyst Ratings Changes
Check Out Our Latest Report on Globant
Globant Company Profile
Globant SA, together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.
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