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Stock impact report

Grab Holdings Limited (GRAB) Increases Yet Falls Behind Market: What Investors Need to Know [Yahoo! Finance]

Grab Holdings Limited (GRAB) 
Company Research Source: Yahoo! Finance
The stock's change was less than the S&P 500's daily gain of 0.91%. Elsewhere, the Dow gained 0.85%, while the tech-heavy Nasdaq added 1.51%. The company's stock has climbed by 8.05% in the past month, exceeding the Business Services sector's loss of 6.23% and the S&P 500's loss of 4.2%. The investment community will be paying close attention to the earnings performance of Grab Holdings Limited in its upcoming release. The company is slated to reveal 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%. At the same time, our most recent consensus estimate is projecting a revenue of $651.42 million, reflecting a 24.08% rise from the equivalent quarter last year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.01 per share and revenue of $2.76 billion, indicating changes of +109.09% and +17.16%, respectively, compared to the previo Show less Read more
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