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

Grindrod Shipping Holdings

16/11/2022 21:23

* Grindrod Shipping Holdings Ltd  GRIN.OQ  reported
quarterly
adjusted earnings of $1.14​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of $1.83 per share.
    * Revenue fell 20.7% to $107.22 million from a year ago;
analysts
expected $106.20 million. 
    * Grindrod Shipping Holdings Ltd's reported EPS for the
quarter
was $1.14​.
    * The mean earnings estimate of analysts had risen by
about 5.8%
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 8.2%
this
quarter and gained 43.6% so far this year.
    * The company reported quarterly net income of $22.15
million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
16 at 09:23 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      2.54           2.75           Beat