Global Blue Group Holding AG (GB) Reports Next Week: What You Should Expect

Core Viewpoint - The market anticipates Global Blue Group Holding AG to report flat earnings of $0.08 per share for the quarter ended September 2024, with revenues expected to rise by 16.6% to $143.57 million compared to the previous year [1][3]. Earnings Expectations - The earnings report is scheduled for November 22, 2024, and could lead to stock price movements depending on whether the actual results exceed or fall short of expectations [2]. - The consensus EPS estimate has been revised down by 12.5% over the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a negative Earnings ESP of -62.50% for Global Blue Group, suggesting analysts have lowered their earnings expectations recently [10]. - The company currently holds a Zacks Rank of 3, which complicates predictions regarding an earnings beat [10]. Historical Performance - In the last reported quarter, Global Blue Group was expected to earn $0.06 per share but only achieved $0.03, resulting in a surprise of -50% [11]. - The company has not surpassed consensus EPS estimates in any of the last four quarters [12]. Conclusion - Global Blue Group does not appear to be a strong candidate for an earnings beat, and investors should consider additional factors when evaluating the stock ahead of the earnings release [15].