Globant (GLOB) Q3 Earnings Lag Estimates

Core Insights - Globant reported quarterly earnings of $1.53 per share, slightly missing the Zacks Consensus Estimate of $1.54 per share, and down from $1.63 per share a year ago, indicating an earnings surprise of -0.65% [1] - The company posted revenues of $617.14 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.31% and showing a year-over-year increase from $614.67 million [2] - Globant's stock has underperformed significantly, losing about 71.2% since the beginning of the year compared to the S&P 500's gain of 16.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.55 on revenues of $605.12 million, while for the current fiscal year, the estimate is $6.12 on revenues of $2.45 billion [7] - The estimate revisions trend for Globant was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Internet - Software and Services industry, to which Globant belongs, is currently ranked in the top 20% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]