The upcoming report from Global-e Online Ltd. (GLBE) is expected to reveal quarterly loss of $0.15 per share, indicating an increase of 25% compared to the year-ago period. Analysts forecast revenues of $168.6 million, representing an increase of 26.2% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to ...

Global-e Online Ltd. (GLBE) shares ended the last trading session 5.8% higher at $42.53. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.5% gain over the past four weeks.Global-e Online is experiencing positive momentum from its partnership with Harrods, which aims to expand the former’s global e-commerce reach.This company is expected to post quarterly loss of $0.15 per share in its upcoming report, which repres ...

Global-e Online Ltd. (GLBE) reported $168.01 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 26%. EPS of -$0.13 for the same period compares to -$0.22 a year ago. The reported revenue represents a surprise of +1.38% over the Zacks Consensus Estimate of $165.73 million. With the consensus EPS estimate being -$0.16, the EPS surprise was +18.75%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectation ...

Exhibit 99.1 Global-e Reports Second Quarter 2024 Results PETAH-TIKVA, Israel, August 14, 2024 - Global-e Online Ltd. (Nasdaq: GLBE) the leader of global Direct-To-Consumer eCommerce enablement, today reported financial results for the second quarter of 2024. "We report today the results of another very strong quarter of margin expansion and strong growth all across the business, with the second quarter of 2024 breaking a record, being our first ever non-peak quarter with GMV trading above the $1 billion ma ...

Analysts on Wall Street project that Global-e Online Ltd. (GLBE) will announce quarterly loss of $0.16 per share in its forthcoming report, representing an increase of 27.3% year over year. Revenues are projected to reach $165.73 million, increasing 24.3% from the same quarter last year. Over the last 30 days, there has been a downward revision of 1.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initia ...

Global-e Online Ltd. (GLBE) shares rallied 7.4% in the last trading session to close at $35.85. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 6.9% gain over the past four weeks. This company is expected to post quarterly loss of $0.16 per share in its upcoming report, which represents a year-over-year change of +27.3%. Revenues are expected to be $165.8 million, up 24.4% from the year-ago quarter. For Globa ...

Wouldn't it be nice to retire with $1 million in the bank? If you invest consistently and over many years, that can be your reality. There are no guarantees, but the earlier you start and the more consistently you invest, the more likely it's something that can happen. Amazon referred to a river in South America before it was co-opted by the largest e-commerce company in the world, but since that name was taken, Latin America has its own e-commerce giant. MercadoLibre has developed into an e-commerce powerh ...

The best e-commerce stock you haven't heard of This is a great time to buy shares or add to a position. All it takes is one incredible growth stock to supercharge your portfolio. If you find that high-growth stock, it can make up for other mediocre ones, and even losses. That's one of the reasons a diversified portfolio is important. No one knows what the future will bring, and you want your eggs spread out in different baskets. Global-e Online (GLBE 3.94%) is a high-growth stock that's trading close to its ...

Group 1 - Global-e Online Ltd. reported $145.87 million in revenue for Q1 2024, a 24% year-over-year increase, with an EPS of -$0.19 compared to -$0.26 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $142.23 million by 2.56%, while the EPS surprise was 13.64% above the consensus estimate of -$0.22 [1] - The stock has returned -11.7% over the past month, contrasting with the Zacks S&P 500 composite's +5.8% change, and currently holds a Zacks Rank 3 (Hold) [3] Group 2 - Gross Merchandise Value reached $929.51 million, surpassing the average estimate of $899.1 million from three analysts [4] - Revenue from Fulfillment services was $77.62 million, exceeding the average estimate of $75.12 million from four analysts, representing a 15.4% year-over-year change [4] - Revenue from Service fees was $68.26 million, compared to the average estimate of $67.11 million from four analysts, indicating a year-over-year increase of 35.6% [4]

Core Viewpoint - Wall Street analysts predict that Global-e Online Ltd. (GLBE) will report a quarterly loss of $0.23 per share, reflecting an 11.5% year-over-year increase, with revenues expected to reach $142.23 million, a 20.9% increase compared to the same quarter last year [1]. Financial Estimates - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating a reassessment of initial projections by covering analysts [2]. - Analysts project 'Revenue by Category - Fulfillment services' to be $75.12 million, representing an 11.7% increase from the year-ago quarter [5]. - The estimate for 'Revenue by Category - Service fees' is $67.11 million, indicating a significant 33.3% increase from the prior-year quarter [5]. - The projected 'Gross Merchandise Value' is expected to reach $899.10 million, up from $703.9 million reported in the same quarter last year [6]. Market Performance - Over the past month, shares of Global-e Online have decreased by 12.2%, while the Zacks S&P 500 composite has increased by 2.5% [6]. - Currently, GLBE holds a Zacks Rank 3 (Hold), suggesting that its performance may align with the overall market in the near future [6].