How does GLOB's earnings trend compare year-over-year?

Globant's earnings trend has shown a general upward trajectory over the past few years, although with some fluctuations. Here's a detailed analysis:

1. **Globant's Revenue Growth**:
- Globant's revenue has experienced significant growth, with a compound annual growth rate (CAGR) of approximately 20% over the past three years.
- The company's revenue for 2024 was $2.4157 billion, representing a year-on-year increase of 15%.
2. **Net Income and Profitability**:
- Globant's net income for 2024 was $169 million, representing a year-on-year increase of 6.6%.
- The company's profit margins, however, have been trending downward in recent quarters. For instance, the gross, operating, and net profit margins (IFRS) have been declining for several quarters.
3. **Earnings Comparison with Market Expectations**:
- Globant's earnings have surpassed market expectations in some quarters. For example, the company's fourth-quarter earnings exceeded Wall Street expectations, with earnings per share (EPS) of $1.75, compared to the consensus estimate of $1.74.
- In other quarters, the company's earnings have missed expectations. For instance, the full-year earnings for 2023 missed analyst expectations, with an EPS of $3.72, compared to the expected $3.90.
4. **Stock Performance and Market Sentiment**:
- Globant's stock has experienced significant volatility, with a more than 30% drop following the earnings announcement in February 2025.
- The company's stock has underperformed the market so far in 2025, with a 5.6% decline from a week ago.
5. **Future Growth Prospects**:
- Globant expects its earnings for 2025 to range from $6.80 to $7.20 per share, with revenue ranging from $2.64 billion to $2.71 billion.
- The company's long-term growth prospects appear promising, with a projected average annual revenue growth of 16% over the next three years, compared to the 9.3% growth forecast for the IT industry in the US.

In conclusion, Globant's earnings trend has shown strong growth over the past few years, although with some fluctuations. The company's revenue has consistently grown, but its net income growth has been more moderate. Globant's stock has experienced significant volatility, influenced by market sentiment and earnings performance. Despite the challenges, the company's future growth prospects remain positive, supported by its expected earnings and revenue growth.