Global Blue Group (GB) Scheduled to Post Quarterly Earnings on Friday

Global Blue Group (NYSE:GB) will be posting its quarterly earnings results before the market opens on Friday, November 22nd. Analysts expect Global Blue Group to post earnings of $0.09 per share for the quarter.

Global Blue Group (NYSE:GB) last announced its quarterly earnings results on Wednesday, August 28th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.03). Global Blue Group had a net margin of 7.32% and a return on equity of 48.62%. The company had revenue of $126.75 million during the quarter, compared to analysts’ expectations of $127.42 million. On average, analysts expect Global Blue Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Global Blue Group Trading Down 0.2 %

Shares of Global Blue Group stock opened at $5.57 on Thursday. The company’s 50-day simple moving average is $5.45 and its 200-day simple moving average is $5.11. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 39.79 and a beta of 0.42. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.92. Global Blue Group has a 52-week low of $4.10 and a 52-week high of $5.94.

Analysts Set New Price Targets

Separately, Oppenheimer assumed coverage on shares of Global Blue Group in a research note on Thursday, October 24th. They set an “outperform” rating and a $6.00 price objective on the stock.

Global Blue Group Company Profile

Global Blue Group Holding AG, together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers in Europe, the Asia Pacific, and internationally. The company operates in three segments: Tax Free Shopping Technology Solutions (TFSS), Added-Value Payment Solutions (AVPS), and Retail Tech Solutions (RTS).