PropertyGuru Group: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
PropertyGuru Group (NYSE:PGRU) reported Q4 earnings, beating estimates with an EPS of $0.01 versus the expected -$0.02, and revenue increased by $2.60 million from the previous year. The company has a history of surpassing EPS estimates, which previously led to a 1.0% share price increase the following day.
March 01, 2024 | 11:05 am
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PropertyGuru Group reported higher than expected Q4 earnings with an EPS of $0.01 and a revenue increase, continuing its trend of beating EPS estimates.
PropertyGuru Group's Q4 earnings beat and revenue increase are significant, especially given its history of surpassing EPS estimates, which has previously led to positive market reactions. This trend, combined with the substantial beat on earnings expectations, suggests a likely positive short-term impact on PGRU's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100