Maybank raises Grab’s earnings forecast after solid results...

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2024-11-14 04:54:15 - Translate

Maybank raises Grab’s earnings forecast after solid results in third quarter

Maybank Investment Bank has raised Grab Holdings 2024-2026 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 23 percent to 27 percent. The research house said in a note on Tuesday that following a relatively muted second quarter, Grab made a solid come back in third quarter with an across-the-board improvement, beating its estimates by 1 percent to...

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