Globant (NYSE: GLOB) provided third-quarter financial guidance that falls short of market expectations for both earnings and revenue. The IT services firm outlined a range for adjusted earnings per share (EPS) and total sales that analysts had previously priced higher.

The company expects adjusted EPS to land between $1.43 and $1.53. This range represents a miss against the consensus analyst estimate of $1.59. Even at the upper end of Globant’s guidance, the figure remains below the street expectation.

On the topline, Globant forecast sales between $607 million and $615 million. This projection is also lower than the analyst estimate of $625.791 million, indicating potential softness in deal execution or billing recognition during the quarter.

What the Numbers Show

The divergence between Globant’s guidance and analyst estimates is consistent across both profit and revenue metrics. The top-end of the EPS guidance ($1.53) misses the estimate ($1.59) by approximately 3.8%, while the midpoint of the revenue guidance ($611 million) trails the estimate ($625.791 million) by roughly 2.4%. This parallel shortfall suggests a broad-based variance rather than a specific margin compression issue alone.

The company did not disclose specific operational drivers for the variance in this brief filing, nor did it provide context on whether the miss stems from volume declines, pricing pressure, or one-time adjustments.

Globant (NYSE: GLOB) has revised downward its financial guidance for fiscal year 2026, citing lower expected earnings and revenue. The software engineering services firm cut its adjusted earnings per share (EPS) forecast and reduced its top-line sales outlook, with both metrics now falling below prevailing analyst estimates.

The company previously projected FY26 adjusted EPS between $6.10 and $6.50. The new guidance sets the range at $5.75 to $6.15. This represents a reduction in both the floor and the ceiling of the earnings forecast. Concurrently, Globant adjusted its revenue expectations for the full year.

Guidance vs Estimates

The revised figures indicate a more conservative outlook than what market analysts had anticipated. The new midpoint of the EPS guidance is significantly below the consensus estimate.

Sales guidance was trimmed from a range of $2.462 billion to $2.508 billion down to $2.428 billion to $2.462 billion. The upper end of the new sales range is now below the analyst estimate of $2.473 billion.

What the Numbers Show

The divergence between the new guidance and analyst estimates is notable across both key metrics. The entire new EPS range ($5.75-$6.15) sits below the consensus estimate of $6.21, suggesting a broad-based downward revision in profitability expectations rather than just a compression of margins within a stable revenue framework. Similarly, the ceiling of the new sales guidance ($2.462 billion) has fallen short of the estimated $2.473 billion, indicating that the earnings miss is supported by weaker top-line growth prospects.