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Stock impact report

Grab Holdings Limited (GRAB) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]

Grab Holdings Limited (GRAB) 
Company Research Source: Yahoo! Finance
The stock outpaced the S&P 500's daily gain of 0.4%. Elsewhere, the Dow gained 0.62%, while the tech-heavy Nasdaq added 0.6%. Prior to today's trading, shares of the company had gained 17.76% over the past month. This has outpaced the Business Services sector's gain of 4.05% and the S&P 500's gain of 1.71% in that time. The investment community will be closely monitoring the performance of Grab Holdings Limited in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be -$0.01, reflecting a 50% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $696.73 million, up 13.29% from the prior-year quarter. GRAB's full-year Zacks Consensus Estimates are calling for earnings of -$0.01 per share and revenue of $2.74 billion. These results would represent year-over-year changes of +90.91% and +16.03%, respectively. Investors should also note any recent changes to analyst estimates for Grab Holdin Show less Read more
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