Globant Future Growth

Future criteria checks 3/6

Globant is forecast to grow earnings and revenue by 17.6% and 13.2% per annum respectively. EPS is expected to grow by 17.9% per annum. Return on equity is forecast to be 15.7% in 3 years.

Key information

17.6%

Earnings growth rate

17.9%

EPS growth rate

IT earnings growth	13.3%
Revenue growth rate	13.2%
Future return on equity	15.7%
Analyst coverage	Good
Last updated	25 Sep 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BOVESPA:G1LO34 - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,283	258	264	430	17
12/31/2025	2,778	216	226	405	24
12/31/2024	2,416	176	153	294	23
6/30/2024	2,285	169	152	269	N/A
3/31/2024	2,195	167	189	295	N/A
12/31/2023	2,096	159	192	319	N/A
9/30/2023	2,006	156	N/A	N/A	N/A
6/30/2023	1,920	149	N/A	N/A	N/A
3/31/2023	1,851	149	146	254	N/A
12/31/2022	1,780	149	102	198	N/A
9/30/2022	1,669	139	N/A	N/A	N/A
6/30/2022	1,552	128	N/A	N/A	N/A
3/31/2022	1,428	111	N/A	N/A	N/A
12/31/2021	1,297	96	101	179	N/A
9/30/2021	1,150	86	N/A	N/A	N/A
6/30/2021	1,015	73	N/A	N/A	N/A
3/31/2021	893	63	36	92	N/A
12/31/2020	814	54	46	100	N/A
9/30/2020	766	49	N/A	N/A	N/A
6/30/2020	730	52	N/A	N/A	N/A
3/31/2020	705	55	27	64	N/A
12/31/2019	659	54	48	80	N/A
9/30/2019	615	52	N/A	N/A	N/A
6/30/2019	578	53	N/A	N/A	N/A
3/31/2019	549	54	54	81	N/A
12/31/2018	522	52	38	67	N/A
9/30/2018	498	52	N/A	N/A	N/A
6/30/2018	473	44	35	66	N/A
3/31/2018	444	32	N/A	45	N/A
12/31/2017	413	31	N/A	43	N/A
9/30/2017	385	28	N/A	N/A	N/A
6/30/2017	358	30	N/A	18	N/A
3/31/2017	338	37	N/A	N/A	N/A
12/31/2016	323	36	N/A	31	N/A
9/30/2016	307	35	N/A	N/A	N/A
6/30/2016	292	33	N/A	N/A	N/A
3/31/2016	273	32	N/A	N/A	N/A
12/31/2015	254	32	N/A	-5	N/A
9/30/2015	237	31	N/A	N/A	N/A
6/30/2015	222	31	N/A	N/A	N/A
3/31/2015	211	29	N/A	17	N/A
12/31/2014	200	25	N/A	14	N/A
9/30/2014	191	13	N/A	N/A	N/A
6/30/2014	179	15	N/A	N/A	N/A
3/31/2014	167	15	N/A	7	N/A
12/31/2013	158	14	N/A	1	N/A
9/30/2013	148	19	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: G1LO34's forecast earnings growth (17.6% per year) is above the savings rate (10.1%).

Earnings vs Market: G1LO34's earnings (17.6% per year) are forecast to grow faster than the BR market (13.8% per year).

High Growth Earnings: G1LO34's earnings are forecast to grow, but not significantly.

Revenue vs Market: G1LO34's revenue (13.2% per year) is forecast to grow faster than the BR market (7.8% per year).

High Growth Revenue: G1LO34's revenue (13.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: G1LO34's Return on Equity is forecast to be low in 3 years time (15.7%).