Compared to Estimates, Globale Online (GLBE) Q2 Earnings: A Look at Key Metrics

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 ...