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]
Compared to Estimates, Globale Online (GLBE) Q1 Earnings: A Look at Key Metrics