Grindrod Shipping Holdings Ltd reports results for the quarter ended in December - Earnings Summary

Grindrod Shipping Holdings

17/02/2022 11:16

* Grindrod Shipping Holdings Ltd  GRIN.OQ  reported
quarterly
adjusted earnings of $2.75​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of $2.54 per share.
    * Revenue was $142.45 million​;  analysts expected $118.51
million. 
    * Grindrod Shipping Holdings Ltd's reported EPS for the
quarter
was $2.66​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Grindrod Shipping Holdings Ltd shares had risen by 16.5%
this
quarter.
    * The company reported quarterly net income of $52.8
million.
    * Wall Street's median 12-month price target for Grindrod
Shipping
Holdings Ltd is $25.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated February 17 at 11:15 a.m.
 ​All figures in US dollars unless otherwise stated