Globant Past Earnings Performance
Past criteria checks 3/6
Globant has been growing earnings at an average annual rate of 27.2%, while the IT industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 27.1% per year. Globant's return on equity is 8.7%, and it has net margins of 7.2%.
Key information
27.2%
Earnings growth rate
24.4%
EPS growth rate
IT Industry Growth | 22.4% |
Revenue growth rate | 27.1% |
Return on equity | 8.7% |
Net Margin | 7.2% |
Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Globant: Growth Should Accelerate In The Coming Years
Nov 27The Returns On Capital At Globant (NYSE:GLOB) Don't Inspire Confidence
Nov 05Investors Interested In Globant S.A.'s (NYSE:GLOB) Earnings
Oct 22Globant Is A Great Business, But There's Not Enough Value To Buy
Oct 22Is Globant S.A. (NYSE:GLOB) Potentially Undervalued?
Oct 07A Look At The Intrinsic Value Of Globant S.A. (NYSE:GLOB)
Sep 22Does Globant (NYSE:GLOB) Have A Healthy Balance Sheet?
Aug 12Globant: A Second Stage AI Player
Aug 03Globant Faces Slowing Growth Amid Technology Segment Softness
Jul 24Globant S.A.'s (NYSE:GLOB) Share Price Matching Investor Opinion
Jul 14Does Globant (NYSE:GLOB) Deserve A Spot On Your Watchlist?
Jun 28Here's What's Concerning About Globant's (NYSE:GLOB) Returns On Capital
Jun 11What Does Globant S.A.'s (NYSE:GLOB) Share Price Indicate?
May 24Globant Earnings: I Would Like To Hear About The AI Initiatives More
May 09Is Globant (NYSE:GLOB) Using Too Much Debt?
Apr 06Investors Interested In Globant S.A.'s (NYSE:GLOB) Earnings
Mar 21Estimating The Intrinsic Value Of Globant S.A. (NYSE:GLOB)
Mar 04The Globant S.A. (NYSE:GLOB) Yearly Results Are Out And Analysts Have Published New Forecasts
Feb 18Should You Investigate Globant S.A. (NYSE:GLOB) At US$239?
Feb 16Globant (NYSE:GLOB) Will Want To Turn Around Its Return Trends
Feb 01Do Globant's (NYSE:GLOB) Earnings Warrant Your Attention?
Jan 17Charting Globant's Digital Odyssey: Navigating The High Seas Of Tech Innovation And Market Expansion
Jan 16Globant S.A. Expects Attenuated Growth As AI Opportunities Await
Nov 02Globant Q2 Results: Growth Improving, But Valuation Remains Demanding
Aug 22Globant Has Lower Utilization And Sees Slower Revenue Growth Ahead
Jul 24Globant Q4 Results: An Interesting AI Play
Feb 20Globant acquires creative consultancy Vertic
Jan 10Revenue & Expenses Breakdown
How Globant makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Sep 24 | 2,354 | 169 | 588 | 0 |
30 Jun 24 | 2,285 | 169 | 573 | 0 |
31 Mar 24 | 2,195 | 167 | 548 | 0 |
31 Dec 23 | 2,096 | 159 | 520 | 0 |
30 Sep 23 | 2,006 | 156 | 487 | 0 |
30 Jun 23 | 1,920 | 149 | 466 | 0 |
31 Mar 23 | 1,851 | 149 | 451 | 0 |
31 Dec 22 | 1,780 | 149 | 435 | 0 |
30 Sep 22 | 1,669 | 139 | 404 | 0 |
30 Jun 22 | 1,552 | 128 | 375 | 0 |
31 Mar 22 | 1,428 | 111 | 345 | 0 |
31 Dec 21 | 1,297 | 96 | 322 | 0 |
30 Sep 21 | 1,150 | 86 | 279 | 0 |
30 Jun 21 | 1,015 | 73 | 245 | 0 |
31 Mar 21 | 893 | 63 | 210 | 0 |
31 Dec 20 | 814 | 54 | 194 | 0 |
30 Sep 20 | 766 | 49 | 183 | 0 |
30 Jun 20 | 730 | 52 | 171 | 0 |
31 Mar 20 | 705 | 55 | 159 | 0 |
31 Dec 19 | 659 | 54 | 147 | 0 |
30 Sep 19 | 615 | 52 | 149 | 0 |
30 Jun 19 | 578 | 53 | 144 | 0 |
31 Mar 19 | 549 | 54 | 126 | 0 |
31 Dec 18 | 522 | 52 | 129 | 0 |
30 Sep 18 | 498 | 52 | 120 | 0 |
30 Jun 18 | 473 | 44 | 114 | 0 |
31 Mar 18 | 444 | 32 | 111 | 0 |
31 Dec 17 | 413 | 31 | 104 | 0 |
30 Sep 17 | 385 | 28 | 93 | 0 |
30 Jun 17 | 358 | 30 | 89 | 0 |
31 Mar 17 | 338 | 37 | 80 | 0 |
31 Dec 16 | 323 | 36 | 77 | 0 |
30 Sep 16 | 307 | 35 | 68 | 0 |
30 Jun 16 | 292 | 33 | 61 | 0 |
31 Mar 16 | 273 | 32 | 64 | 0 |
31 Dec 15 | 254 | 32 | 67 | 0 |
30 Sep 15 | 237 | 31 | 60 | 0 |
30 Jun 15 | 222 | 31 | 56 | 0 |
31 Mar 15 | 211 | 29 | 51 | 0 |
31 Dec 14 | 200 | 25 | 49 | 0 |
30 Sep 14 | 191 | 13 | 49 | 0 |
30 Jun 14 | 179 | 15 | 48 | 0 |
31 Mar 14 | 167 | 15 | 47 | 0 |
31 Dec 13 | 158 | 14 | 46 | 0 |
Quality Earnings: GLOB has high quality earnings.
Growing Profit Margin: GLOB's current net profit margins (7.2%) are lower than last year (7.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GLOB's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: GLOB's earnings growth over the past year (8.9%) is below its 5-year average (27.2% per year).
Earnings vs Industry: GLOB earnings growth over the past year (8.9%) exceeded the IT industry -2.6%.
Return on Equity
High ROE: GLOB's Return on Equity (8.7%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/24 11:34 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Globant S.A. is covered by 33 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Jason Kupferberg | BofA Global Research |
Daniel Federle | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |
Osni Carfi | BTG Pactual |