Globant Reports 2021 Third Quarter Financial Results

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Globant S.A. (GLOB) PT Raised to $350 at Cowen

November 19, 2021 6:48 AM EST

Cowen analyst Avishai Kantor raised the price target on Globant S.A. (NYSE: GLOB) to $350.00 (from $340.00) while maintaining an Outperform rating.

The analyst commented, "Another beat & raise w/ incrementally bullish medium-term outlook, including 24-25% organic growth in 2022. Strong pace of hiring to meet demand... More

Globant (GLOB) Tops Q3 EPS by 5c

November 18, 2021 4:26 PM EST

Globant (NYSE: GLOB) reported Q3 EPS of $0.98, $0.05 better than the analyst estimate of $0.93. Revenue for the quarter came in at $341.8 million versus the consensus estimate of $326.9 million.

GUIDANCE:

Globant sees Q4 2021 EPS of $1.01, versus the consensus of $0.97. Globant sees Q4 2021... More