Globant Q2 Adj. EPS $1.40 Misses $1.50 Estimate, Sales $614.417M Beat $613.062M Estimate
Globant (NYSE:GLOB) reported quarterly earnings of $1.40 per share which missed the analyst consensus estimate of $1.50 by 6.67 percent. This is a 8.5 percent decrease over earnings of $1.53 per share from the same
Globant made a tiny bit more money than expected from selling their services, but didn't earn as much profit per share as Wall Street hoped. When a company misses on profits but hits on sales, it might mean they're spending more to run the business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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