Earnings Alerts

Globant S.A. (GLOB) Earnings: 1Q Revenue Forecast Misses Estimates Amid Strong Yearly Growth

By February 21, 2025 No Comments
  • Globant’s revenue forecast for the first quarter of 2025 is between $618.0 million and $628.0 million, below the estimate of $637.8 million.
  • The company’s projected non-IFRS adjusted earnings per share (EPS) for the first quarter is between $1.55 and $1.63, slightly below the estimate of $1.65.
  • For the entire year, Globant expects non-IFRS adjusted EPS between $6.80 and $7.20, compared to an estimate of $7.33.
  • In the fourth quarter of the previous year, Globant reported revenue of $642.5 million, marking an 11% increase year-over-year and nearly in line with the $644.2 million estimate.
  • The non-IFRS adjusted EPS for the fourth quarter was $1.75, slightly above the estimate of $1.74.
  • The company emphasized that their record revenue is attributed to the expansion of service offerings and an increased global presence.
  • Notably, the AI Industry Reinvention Studio Network and the GUT Studio Network showed growth above the company’s average.
  • Analyst ratings for Globant include 16 buy recommendations, 7 hold recommendations, and 1 sell recommendation.

A look at Globant S.A. Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Globant S.A. shows a positive long-term outlook. With strong scores in Growth, Resilience, and Momentum, the company appears well-positioned for future success. The Growth score of 4 indicates potential for expansion and increasing market share, while the Resilience and Momentum scores of 4 and 5, respectively, suggest a stable and upward trajectory in performance.

Globant S.A., a software solutions company, offers engineering, design, and innovation services primarily to clients in North America and Europe. While the Value and Dividend scores are lower, the high scores in Growth, Resilience, and Momentum indicate that the company’s focus on innovation and market presence bodes well for its future growth and sustainability.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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