Grab Hldgs Q4 GAAP EPS $0.01 Beats $(0.01) Estimate - Reuters
Portfolio Pulse from Benzinga Newsdesk
Grab Holdings (NASDAQ:GRAB) reported Q4 GAAP EPS of $0.01, surpassing the analyst consensus estimate of $(0.01) by 200%. This represents a significant improvement from a loss of $(0.10) per share in the same quarter last year.
February 22, 2024 | 11:10 am
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Grab Holdings reported a Q4 GAAP EPS of $0.01, beating estimates and showing significant improvement from last year's losses.
Grab Holdings' earnings beat is likely to positively impact investor sentiment, as it not only exceeded analyst expectations but also demonstrated a significant improvement from the previous year's losses. This positive earnings report could lead to increased investor confidence and a potential uptick in the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100