Cowen & Co. Maintains Outperform on Globant, Lowers Price Target to $240
Cowen & Co. analyst Bryan Bergin maintains Globant (NYSE:GLOB) with a Outperform and lowers the price target from $305 to $240.
Citigroup Maintains Buy on Globant, Lowers Price Target to $265
Citigroup analyst Ashwin Shirvaikar maintains Globant (NYSE:GLOB) with a Buy and lowers the price target from $350 to $265.
Piper Sandler Maintains Overweight on Globant, Lowers Price Target to $223
Piper Sandler analyst Arvind Ramnani maintains Globant (NYSE:GLOB) with a Overweight and lowers the price target from $339 to $223.
Globant Sees Q2 Adj. EPS $1.20+ vs $1.17 Est., Sales $425.5M+ vs $425.09M Est.; Sees FY22 Adj. EPS $4.94+ vs $4.96 Est., Sales $1.768B+ vs $1.77B Est.
Second Quarter and Full Year Outlook
Based on current market conditions, Globant is providing the following estimates for the second quarter and the full year of 2022:
Second quarter 2022 Revenues are estimated to be
Globant Q1 Adj. EPS $1.19 Beats $1.16 Estimate, Sales $401.40M Beat $397.75M Estimate
Globant (NYSE:GLOB) reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $1.16 by 2.59 percent. This is a 32.22 percent increase over earnings of $0.90 per share from the same
Earnings Scheduled For May 19, 2022
Companies Reporting Before The Bell
• Sociedad Quimica Y Minera (NYSE:SQM) is projected to report quarterly earnings at $1.28 per share on revenue of $1.28 billion.
A Preview Of Globant’s Earnings
Globant (NYSE:GLOB) is set to give its latest quarterly earnings report on Thursday, 2022-05-19. Here's what investors need to know before the announcement.
Analysts estimate that Globant will report an earnings per share (EPS) of $1.16.
6 Stocks Halted In Wednesday’s Session
A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bring order to the markets.
Here are all the stocks halted on a circuit breaker today, according to Benzinga Pro.
Piper Sandler Maintains Overweight on Globant, Lowers Price Target to $339
Piper Sandler analyst Arvind Ramnani maintains Globant (NYSE:GLOB) with a Overweight and lowers the price target from $352 to $339.