Grab Hldgs Q3 GAAP EPS $(0.02), Inline, Sales $615.00M Beat $589.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Grab Holdings (NASDAQ:GRAB) reported Q3 GAAP EPS of $(0.02), in line with analyst consensus. This is a 75% increase over losses from the same period last year. The company's quarterly sales of $615.00M beat the analyst consensus estimate of $589.91M by 4.25%, marking a 60.99% increase over sales from the same period last year.
November 09, 2023 | 11:04 am
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Grab Holdings reported Q3 earnings in line with estimates and sales beating estimates, showing significant YoY growth.
Grab Holdings reported Q3 earnings in line with estimates, which is a positive signal for investors. Additionally, the company's sales beat estimates by 4.25% and showed a significant YoY increase of 60.99%, indicating strong performance and potential for growth. This could positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100