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

Grindrod Shipping Holdings

15/02/2023 22:29

* Grindrod Shipping Holdings Ltd  GRIN.OQ  reported a
quarterly
adjusted loss of 24 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was
for earnings of 74 cents per share.
    * Revenue fell 42.9% to $81.38 million from a year ago;
analysts
expected $70.65 million. 
    * Grindrod Shipping Holdings Ltd's reported EPS for the
quarter
was a loss of 24 cents​.
    * The mean earnings estimate of analysts had fallen by
about 45%
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 fallen by 13.0%
this
quarter.
    * The company reported a quarterly loss of $4.58 million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
15 at 10:28 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.74           -0.24          Missed
 Sep. 30 2022      1.83           1.14           Missed
 Jun. 30 2022      1.92           2.81           Beat
 Mar. 31 2022      1.36           1.56           Beat