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Grab (GRAB) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
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The upcoming report from Grab Holdings Limited (GRAB - Free Report) is expected to reveal quarterly earnings of $0.02 per share, indicating an increase of 100% compared to the year-ago period. Analysts forecast revenues of $1.07 billion, representing an increase of 22.9% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Grab metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Revenue- Deliveries' to reach $546.49 million. The estimate points to a change of +17.5% from the year-ago quarter.
The average prediction of analysts places 'Revenue- Financial Services' at $173.21 million. The estimate suggests a change of +92.5% year over year.
The combined assessment of analysts suggests that 'Revenue- Mobility' will likely reach $352.55 million. The estimate points to a change of +11.2% from the year-ago quarter.
Analysts predict that the 'On-Demand GMV' will reach $6.81 billion. The estimate compares to the year-ago value of $5.77 billion.
The collective assessment of analysts points to an estimated 'GMV - Deliveries' of $4.48 billion. The estimate is in contrast to the year-ago figure of $3.73 billion.
Analysts expect 'GMV - Mobility' to come in at $2.33 billion. The estimate compares to the year-ago value of $2.04 billion.
The consensus among analysts is that 'Adjusted EBITDA- Deliveries' will reach $101.70 million. The estimate is in contrast to the year-ago figure of $78.00 million.
Based on the collective assessment of analysts, 'Adjusted EBITDA- Mobility' should arrive at $203.52 million. The estimate is in contrast to the year-ago figure of $181.00 million.
Shares of Grab have demonstrated returns of -12.8% over the past month compared to the Zacks S&P 500 composite's -0.2% change. With a Zacks Rank #3 (Hold), GRAB is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Grab (GRAB) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
The upcoming report from Grab Holdings Limited (GRAB - Free Report) is expected to reveal quarterly earnings of $0.02 per share, indicating an increase of 100% compared to the year-ago period. Analysts forecast revenues of $1.07 billion, representing an increase of 22.9% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Grab metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Revenue- Deliveries' to reach $546.49 million. The estimate points to a change of +17.5% from the year-ago quarter.
The average prediction of analysts places 'Revenue- Financial Services' at $173.21 million. The estimate suggests a change of +92.5% year over year.
The combined assessment of analysts suggests that 'Revenue- Mobility' will likely reach $352.55 million. The estimate points to a change of +11.2% from the year-ago quarter.
Analysts predict that the 'On-Demand GMV' will reach $6.81 billion. The estimate compares to the year-ago value of $5.77 billion.
The collective assessment of analysts points to an estimated 'GMV - Deliveries' of $4.48 billion. The estimate is in contrast to the year-ago figure of $3.73 billion.
Analysts expect 'GMV - Mobility' to come in at $2.33 billion. The estimate compares to the year-ago value of $2.04 billion.
The consensus among analysts is that 'Adjusted EBITDA- Deliveries' will reach $101.70 million. The estimate is in contrast to the year-ago figure of $78.00 million.
Based on the collective assessment of analysts, 'Adjusted EBITDA- Mobility' should arrive at $203.52 million. The estimate is in contrast to the year-ago figure of $181.00 million.
View all Key Company Metrics for Grab here>>>Shares of Grab have demonstrated returns of -12.8% over the past month compared to the Zacks S&P 500 composite's -0.2% change. With a Zacks Rank #3 (Hold), GRAB is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .