Benzinga | Nov 30, 2021 04:07PM EST

Earnings Preview For Globus Maritime

Globus Maritime (NASDAQ:GLBS) is set to give its latest quarterly earnings report on Tuesday, 2021-11-30. Here's what investors need to know before the announcement.

Analysts estimate that Globus Maritime will likely report an Earnings Per Share (EPS) of $0.08.

Globus Maritime bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed EPS by $0.09, which was followed by a 11.31% drop in the share price the next day.

Here's a look at Globus Maritime's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.09EPS Actual 0 -0.11 -3.03 -0.8Price Change % -11.31% 0.8% -5.95% 14.62%

Stock Performance

Shares of Globus Maritime were trading at $2.58 as of November 26. Over the last 52-week period, shares are down 71.21%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.