Grab Holdings Limited (GRAB) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.03 per share a year ago. These figures are adjusted for nonrecurring items. A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced a loss of $0.03, delivering a surprise of -200%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Grab , which belongs to the Zacks T ...

• Revenue grew 17% year-over-year, or 23% on a constant currency basis to $664 million • On-Demand GMV grew 13% year-over-year, or 18% on a constant currency basis to $4.4 billion • Operating Loss improved by $121 million year-over-year to $(56) million • Adjusted EBITDA improved by $81 million year-over-year to $64 million SINGAPORE, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the second quarter ended June 30, 2024. "We continued to ...

As we inch closer to the first wave of interest rate cuts, it's an opportune time to consider emerging markets tech stocks. Over the past year or so, these tech giants have undergone a major correction, with analysts highlighting promising opportunities in often-overlooked areas. For instance, Tom Lee of Funstrat Global Advisors paints a dynamic picture for small-cap stocks in August, primed for a 15% jump. These impressive growth numbers are driven by cooling inflation and the upcoming interest rate cuts. ...

GRAB's full-year Zacks Consensus Estimates are calling for earnings of -$0.03 per share and revenue of $2.74 billion. These results would represent year-over-year changes of +72.73% and +16.28%, respectively. The Technology Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 95, placing it within the top 38% of over 250 industries. Grab Holdings Limited (GRAB) closed the most recent trading day at $3.38, making no change from the previous tra ...

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the "Company" or "Grab"), plans to announce its unaudited second quarter 2024 results before the U.S. market opens on August 15, 2024. About Grab For enquiries, please contact: Investors: investor.relations@grab.com Media: press@grab.com A link to the call will be posted on the Company's investor relations website at investors.grab.com prior to the call time. Following the call, a replay of the call, along with the earnings pre ...

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the "Company" or "Grab"), plans to announce its unaudited second quarter 2024 results before the U.S. market opens on August 15, 2024. The Company's management will hold a conference call to discuss the second quarter 2024 results at: A link to the call will be posted on the Company's investor relations website at investors.grab.com prior to the call time. Following the call, a replay of the call, along with the earnings press ...

Grab Holdings Limited (GRAB) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Over the past month, shares of this company have r ...

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Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 92, putting it in the top 37% of all 250+ industries. Shares of the company have depreciated by 1.92% over the course of the p ...

Grab currently has an average brokerage recommendation (ABR) of 1.03, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 15 brokerage firms. An ABR of 1.03 approximates between Strong Buy and Buy. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms a ...