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Globale Online (GLBE) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
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Wall Street analysts expect Global-e Online Ltd. (GLBE - Free Report) to post quarterly loss of $0.01 per share in its upcoming report, which indicates a year-over-year increase of 92.3%. Revenues are expected to be $249.06 million, up 34.3% from the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Globale Online metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Revenue by Category- Fulfillment services' at $129.07 million. The estimate indicates a change of +35.2% from the prior-year quarter.
Analysts expect 'Revenue by Category- Service fees' to come in at $120.00 million. The estimate indicates a change of +33.4% from the prior-year quarter.
According to the collective judgment of analysts, 'Gross Merchandise Value' should come in at 1.64 billion. The estimate compares to the year-ago value of 1.19 billion.
Over the past month, Globale Online shares have recorded returns of +12% versus the Zacks S&P 500 composite's +4.7% change. Based on its Zacks Rank #2 (Buy), GLBE will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Globale Online (GLBE) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Wall Street analysts expect Global-e Online Ltd. (GLBE - Free Report) to post quarterly loss of $0.01 per share in its upcoming report, which indicates a year-over-year increase of 92.3%. Revenues are expected to be $249.06 million, up 34.3% from the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Globale Online metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Revenue by Category- Fulfillment services' at $129.07 million. The estimate indicates a change of +35.2% from the prior-year quarter.
Analysts expect 'Revenue by Category- Service fees' to come in at $120.00 million. The estimate indicates a change of +33.4% from the prior-year quarter.
According to the collective judgment of analysts, 'Gross Merchandise Value' should come in at 1.64 billion. The estimate compares to the year-ago value of 1.19 billion.
View all Key Company Metrics for Globale Online here>>>
Over the past month, Globale Online shares have recorded returns of +12% versus the Zacks S&P 500 composite's +4.7% change. Based on its Zacks Rank #2 (Buy), GLBE will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>