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

Grindrod Shipping Holdings

24/05/2022 22:34

* Grindrod Shipping Holdings Ltd  GRIN.OQ  reported
quarterly
adjusted earnings of $1.56​​ per share for the quarter ended in
March. The mean expectation of two analysts for the quarter was
for earnings of $1.36 per share.
    * Revenue was $86.61 million​;  analysts expected $86.47
million. 
    * Grindrod Shipping Holdings Ltd's reported EPS for the
quarter
was $1.52​.
    * The mean earnings estimate of analysts had risen by
about 7.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Grindrod Shipping Holdings Ltd shares had risen by 8.1%
this
quarter and gained 52.5% so far this year.
    * The company reported quarterly net income of $29.03
million.
    * Wall Street's median 12-month price target for Grindrod
Shipping
Holdings Ltd is $28.50 
    * 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 May 24 at 09:34 p.m.  ​All
figures in US dollars unless otherwise stated