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

Grindrod Shipping Holdings

17/05/2023 21:25

* Grindrod Shipping Holdings Ltd  GRIN.OQ  reported a
quarterly
adjusted loss of 22 cents​​ per share for the quarter ended in
March. The lone analyst forecast for the quarter was for a loss
of 63 cents per share.
    * Revenue fell 11.3% to $76.79 million from a year ago;
analysts
expected $37.83 million. 
    * Grindrod Shipping Holdings Ltd's reported EPS for the
quarter
was a loss of 22 cents​.
    * The mean earnings estimate of analysts had fallen by
about 369.2% 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 3.1%
this
quarter and lost 45.5% so far this year.
    * The company reported a quarterly loss of $4.29 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 LSEG Refinitiv data May
17 at 08:25 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.63          -0.22          Beat
 Dec. 31 2022      0.74           -0.24          Missed
 Sep. 30 2022      1.83           1.14           Missed
 Jun. 30 2022      1.92           2.81           Beat