Global Blue Group Holding Ltd (GB) missed earnings projections on 11/29/2023 for Q2 2024.
reported that it broke-even during the quarter.
The stock is down 10.32% to $4.26 after the report.
The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.
Wall Street Analysts had an average rating of Strong Buy on the stock prior to the report.
InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.
Global Blue Group Holding Ag has been a strong performer over the past few months, garnering a high Long-Term Technical Rank by InvestorsObserver of 84, putting Global Blue Group Holding Ag in the top 25% of stocks. The firm set a 52-week high on February 6, 2023 at $7.6 and set a 52-week low on December 19, 2022 at $3.49.
Global Blue Group Holding AG offers a seamless shopping and payment journey for tourists and also provides a wide range of Added-Value Payment Solutions for all the stakeholders involved, including retailers and international shoppers.
News Home
Global Blue Group Holding Ag Down 10.32% To $4.26 After Earnings
Mentioned in this article
