Globant SA
GLOB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Bp | LOCK|PX& | LOCK|Fcn@>C& |
Globant Earnings: Shares Fall Despite In-Line Results
Globant shares were down around 10% intraday despite third-quarter results being in line with FactSet consensus. Fiscal 2024 guidance was tightened. We surmise the market was hoping for a stronger growth outlook for the fourth quarter.
