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Stock impact report

Grab Holdings Limited (GRAB) Flat As Market Gains: What You Should Know [Yahoo! Finance]

Grab Holdings Limited (GRAB) 
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a gain of 1.02% for the day. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 2.03%. Shares of the company witnessed a gain of 11.47% over the previous month, beating the performance of the Business Services sector with its loss of 5.04% and the S&P 500's loss of 3.15%. Market participants will be closely following the financial results of Grab Holdings Limited in its upcoming release. The company plans to announce its earnings on May 15, 2024. On that day, Grab Holdings Limited is projected to report earnings of -$0.01 per share, which would represent year-over-year growth of 83.33%. Our most recent consensus estimate is calling for quarterly revenue of $647.29 million, up 23.29% from the year-ago period. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.01 per share and revenue of $2.76 billion, which would represent changes of +109.09% and +17.16%, respectively, from the p Show less Read more
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GRAB
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