Streetbeat News

PGRU

PropertyGuru Limited

https://www.propertyguru.com.sg

Industry

Real Estate - Services

PropertyGuru Limited operates online property classifieds marketplaces in Singapore, Vietnam, Malaysia, Thailand, and Indonesia. It serves agents and developers to advertise residential and commercial properties for sale or rent to property seekers. The company was incorporated in 2006 and is based in Singapore.

Open

6.65

Mkt cap

1.1B

Volume

53K

High

6.65

P/E Ratio

-66.45

52-wk high

6.65

Low

6.64

Div yield

N/A

52-wk low

3.15

PropertyGuru Group Limited (NYSE:PGRU) reported Q1 FY24 results with a 12% Y/Y revenue growth to S$36.5 million, missing the consensus of S$37.3 million. Singapore's strong performance offset flat growth in Vietnam and Malaysia. Adjusted EBITDA rose to S$4 million, and EPS loss improved to S$0.04. The company remains cautiously optimistic, focusing on cost management and profitability.

Portfolio Pulse from Lekha Gupta

May 21, 2024 | 5:18 pm

PropertyGuru Group (NYSE:PGRU) reported Q1 2024 GAAP EPS of S$(0.04), an improvement from S$(0.06) YoY. Sales were S$36.515M, missing the S$37.331M estimate but up 11.91% YoY.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 5:27 am

Benchmark analyst Fawne Jiang has reiterated a Buy rating on PropertyGuru Group (NYSE:PGRU) and maintained a $7 price target.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:14 pm

PropertyGuru Group's shares surged following the announcement of their Q4 earnings per share (EPS) results, which exceeded expectations. Additionally, the company provided guidance for the fiscal year 2024, further boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:48 pm

Several companies are scheduled to report their earnings before the bell on March 1, 2024. This includes a mix of projected losses and earnings across various sectors, with companies like McEwen Mining, PropertyGuru Group, and Plug Power expected to report losses, while others like CSI Compressco and Element Solutions are set to report their earnings. Notably, SPDR Bloomberg Convertible Securities ETF is also expected to report earnings, highlighting a diverse range of sectors from mining to pharmaceuticals and energy services.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 11:56 am

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.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 11:05 am

PropertyGuru forecasts its 2024 revenues to be in the range of S$165M-S$180M and its Adjusted EBITDA to be between S$22M-S$26M, focusing on expanding internal operating leverage to improve profitability.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 7:26 am

PropertyGuru Group (NYSE:PGRU) reported Q4 earnings of $0.01 per share, surpassing the $(0.02) estimate, marking a 135% increase from last year. However, their Q4 sales of $30.75M fell short of the $31.70M estimate, a 3.01% miss, but still represented a 9.24% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 7:24 am

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.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:01 pm

Skechers U.S.A., Inc. (SKX) shares fell by approximately 7% after reporting mixed Q4 financial results, missing revenue estimates but beating EPS expectations. Other stocks showed significant movement, with notable gainers including Intelligent Bio Solutions Inc. (INBS), Meta Platforms, Inc. (META), and Deckers Outdoor Corporation (DECK), among others. Losers included Cingulate Inc. (CING), MedAvail Holdings, Inc. (MDVL), and Scienjoy Holding Corporation (SJ), with various reasons for their declines.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 6:18 pm

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