PropertyGuru Group's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
PropertyGuru Group (NYSE:PGRU) is expected to report an EPS of $-0.02 in its upcoming quarterly earnings on March 1, 2024. Historically, the company has had mixed earnings performance, with a beat last quarter leading to a 1.38% share price increase. Over the last year, PGRU shares have declined by 25.91%, indicating a bearish sentiment among long-term shareholders.
February 29, 2024 | 2:01 pm
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PropertyGuru Group is anticipated to report an EPS of -$0.02 for the upcoming quarter. The company's stock has seen a 25.91% decline over the past year, indicating bearish sentiment among investors.
Given PropertyGuru Group's mixed historical earnings performance and the recent decline in share price, the short-term impact of the upcoming earnings report is uncertain. While a beat on the EPS estimate could provide a positive short-term boost, the overall bearish sentiment and past performance suggest a cautious outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100