Core Insights - Global-e Online Ltd. (GLBE) is expected to report quarterly earnings of $0.06 per share, reflecting a significant increase of 146.2% year over year [1] - Analysts forecast revenues of $216.21 million for the quarter, indicating a year-over-year growth of 22.9% [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 0.8% in the last 30 days, indicating a reassessment by covering analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock [3] Revenue Forecasts - Analysts estimate 'Revenue by Category - Fulfillment services' to be $114.39 million, representing a 22.5% increase from the previous year [5] - 'Revenue by Category - Service fees' is expected to reach $101.83 million, showing a year-over-year growth of 23.3% [5] - The expected 'Gross Merchandise Value' is projected at $1.47 billion, up from $1.13 billion a year ago [5] Stock Performance - Over the past month, shares of Global-e Online have increased by 6.2%, outperforming the Zacks S&P 500 composite, which rose by 1.4% [6] - Currently, GLBE holds a Zacks Rank 4 (Sell), suggesting potential underperformance in the near future [6]
Gear Up for Globale Online (GLBE) Q3 Earnings: Wall Street Estimates for Key Metrics