Analysts estimate that Grab Hldgs will report an earnings per share (EPS) of $0.00.
Anticipation surrounds Grab Hldgs's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings History Snapshot
The company's EPS missed by $0.00 in the last quarter, leading to a 1.6% increase in the share price on the following day.
Here's a look at Grab Hldgs's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
-0.01
0
-0.01
-0.02
EPS Actual
-0.01
-0.03
0.01
-0.02
Price Change %
2.0%
1.0%
0.0%
-1.0%
Grab Hldgs Share Price Analysis
Shares of Grab Hldgs were trading at $4.27 as of November 07. Over the last 52-week period, shares are up 28.23%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analyst Opinions on Grab Hldgs
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Grab Hldgs.
Analysts have provided Grab Hldgs with 3 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $5.53, suggesting a potential 29.51% upside.
Peer Ratings Comparison
The below comparison of the analyst ratings ...
