Grindrod Shipping Holdings Ltd expected to post a loss of 21 cents a share - Earnings Preview

Grindrod Shipping Holdings

11/08/2023 09:04

* Grindrod Shipping Holdings Ltd  GRIN.OQ   GRIN.O  is
expected
to show a fall in quarterly revenue when it reports  results on
August 15 (estimated). 
    * The  Singapore-based   company is expected to report  a
77.0% decrease in revenue to $37.1 million from $161.58 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Grindrod Shipping
Holdings Ltd is for a loss of 21 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Grindrod
Shipping
Holdings Ltd is $12.5​, above​ its last closing price of $8.60.
​​​

This summary was machine generated August 11 at 08:03 GMT.  All
figures in US dollars  unless otherwise stated