Grab (NASDAQ:GRAB – Get Free Report) will release its earnings data after the market closes on Monday, November 11th. Grab has set its FY 2024 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.
Grab (NASDAQ:GRAB – Get Free Report) last announced its quarterly earnings results on Thursday, August 15th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). The firm had revenue of $664.00 million during the quarter, compared to the consensus estimate of $674.17 million. Grab had a negative return on equity of 3.35% and a negative net margin of 8.24%. The firm’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.03) EPS. On average, analysts expect Grab to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Grab Trading Down 0.9 %
Shares of GRAB opened at $4.23 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.00 and a quick ratio of 2.97. Grab has a 12 month low of $2.90 and a 12 month high of $4.44. The stock has a market cap of $16.59 billion, a PE ratio of -84.60 and a beta of 0.81. The stock’s 50-day moving average is $3.76 and its two-hundred day moving average is $3.57.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on GRAB
About Grab
Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings.
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