Grab Hldgs Q2 2024 GAAP EPS $(0.01), Sales $664.000M Miss $669.250M Estimate
Portfolio Pulse from Benzinga Newsdesk
Grab Holdings reported its Q2 2024 financial results with a GAAP EPS of $(0.01) and sales of $664 million, missing the estimated $669.25 million.
August 15, 2024 | 11:01 am
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NEGATIVE IMPACT
Grab Holdings reported a GAAP EPS of $(0.01) and sales of $664 million for Q2 2024, missing the sales estimate of $669.25 million.
The company's financial performance fell short of market expectations, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100