Grab Reports Second Quarter 2024 Results

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Citi Reiterates Buy Rating on Grab Holdings Inc. (GRAB)

August 15, 2024 8:18 AM EDT

Citi analyst Alicia Yap reiterated a Buy rating and $5.00 price target on Grab Holdings Inc. (NASDAQ: GRAB).

The analyst comments "Implications While total revs came slightly lower than consensus forecast, it actually came relatively inline with our preview estimates which we believe... More

Grab Holdings (GRAB) Reports In-Line Q2 EPS, Offers Guidance

August 15, 2024 7:06 AM EDT

Grab Holdings (NASDAQ: GRAB) reported Q2 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $664 million versus the consensus estimate of $675.24 million.

GUIDANCE:

Grab Holdings sees FY2024 revenue of $2.7-2.75 billion, versus the consensus... More