Globant Acquires L4 to Strengthen its Lead Position in the Digital Services Space

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Jefferies Cuts Price Target on Globant (GLOB) to $39 Following 3Q

November 16, 2016 8:23 AM EST

Jefferies maintained a Hold rating on Globant S.A. (NYSE: GLOB), and cut the price target to $39.00 (from $40.00), following the company's 3Q earnings report. The company lowered the F16 EPS guidance range, while raising the lower-end of its F16 revs guidance range.... More

Globant (GLOB) Misses Q3 EPS by 1c; Guides Q4 EPS Below Views

November 14, 2016 4:50 PM EST

Globant (NYSE: GLOB) reported Q3 EPS of $0.30, $0.01 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $82.4 million versus the consensus estimate of $81.74 million.

GUIDANCE:

Globant sees Q4 2016 EPS of $0.30-$0.33, versus the consensus of $0.35. Globant sees Q4... More