Globant (NYSE:GLOB) issued an update on its fourth quarter 2021 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.010-$ for the period, compared to the Thomson Reuters consensus estimate of $0.970. The company issued revenue guidance of $359 M-, compared to the consensus revenue estimate of $340.95 million.
NYSE GLOB opened at $278.36 on Thursday. The company has a 50 day simple moving average of $306.84 and a 200-day simple moving average of $267.79. The firm has a market capitalization of $11.14 billion, a price-to-earnings ratio of 134.47 and a beta of 1.33. Globant has a 52-week low of $173.34 and a 52-week high of $354.62.
Globant (NYSE:GLOB) last posted its quarterly earnings results on Thursday, November 18th. The information technology services provider reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. The business had revenue of $341.83 million during the quarter, compared to analyst estimates of $326.80 million. Globant had a net margin of 7.46% and a return on equity of 10.67%. The firm’s revenue was up 65.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 earnings per share. As a group, equities research analysts predict that Globant will post 2.73 EPS for the current fiscal year.
Globant Company Profile
Globant SA engages in the provision of information technology services. It offers application development and maintenance, testing, and infrastructure management. The company was founded by Martín Migoya, Martín Gonzalo Umaran, Guibert Andrés Englebienne, and Néstor Augusto Nocetti in 2003 and is headquartered in Luxembourg.
Further Reading: What are momentum indicators and what do they show?
Receive News & Ratings for Globant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Globant and related companies with MarketBeat.com's FREE daily email newsletter.