Recap: Globant Q2 Earnings
Shares of Globant (NYSE:GLOB) rose 1.6% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 72.55% year over year to $0.88, which beat the estimate of $0.84.
Globant Q2 EPS $0.88 Beats $0.84 Estimate, Sales $305.26M Beat $284.80M Estimate
Globant (NYSE:GLOB) reported quarterly earnings of $0.88 per share which beat the analyst consensus estimate of $0.84 by 4.76 percent. This is a 72.55 percent increase over earnings of $0.51 per share from the same
Earnings Scheduled For August 12, 2021
Companies Reporting Before The Bell
• Anavex Life Sciences (NASDAQ:AVXL) is estimated to report earnings for its third quarter.
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Jefferies Upgrades Globant to Buy, Raises Price Target to $290
Jefferies analyst Surinder Thind upgrades Globant (NYSE:GLOB) from Hold to Buy and raises the price target from $235 to $290.
Cowen & Co. Maintains Outperform on Globant, Raises Price Target to $260
Cowen & Co. analyst Bryan Bergin maintains Globant (NYSE:GLOB) with a Outperform and raises the price target from $245 to $260.
Globant Acquires Majority Stake In Walmeric To Drive Digital Sales
Digitally native technology services company Globant SA (NYSE:GLOB) acquired an 80% stake in Walmeric. The financial terms of the transaction remain undisclosed.…
Citigroup Upgrades Globant to Buy, Raises Price Target to $243
Citigroup analyst Ashwin Shirvaikar upgrades Globant (NYSE:GLOB) from Neutral to Buy and raises the price target from $240 to $243.