Grab (NASDAQ:GRAB – Get Free Report) is scheduled to announce its earnings results before the market opens on Thursday, August 15th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Grab (NASDAQ:GRAB – Get Free Report) last released its earnings results on Wednesday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.02). Grab had a negative return on equity of 4.62% and a negative net margin of 11.86%. The business had revenue of $653.00 million for the quarter, compared to analysts’ expectations of $662.48 million. On average, analysts expect Grab to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Grab Trading Up 3.4 %
GRAB stock opened at $3.37 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.26 and a quick ratio of 3.22. Grab has a 1-year low of $2.90 and a 1-year high of $3.88. The business has a 50 day simple moving average of $3.47 and a two-hundred day simple moving average of $3.40. The company has a market capitalization of $13.22 billion, a price-to-earnings ratio of -48.14 and a beta of 0.81.
Analyst Ratings Changes
View Our Latest Analysis on Grab
Grab Company Profile
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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