Globus Maritime Ltd reports results for the quarter ended September 30 - Earnings Summary

• Globus Maritime Ltd GLBS.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 17 cents. The lone analyst forecast for the quarter was for a loss of 10 cents per share.

• Revenue rose 16.5% to $8.95 million from a year ago; analysts expected $9.30 million.

• Globus Maritime Ltd's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $550 thousand.

• Globus Maritime Ltd shares had fallen by 24.5% this quarter and lost 45.3% so far this year.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the marine freight & logistics peer group is also "buy"

Wall Street's median 12-month price target for Globus Maritime Ltd is $4.00

This summary was machine generated from LSEG data November 29 at 10:51 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)