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Big__Boss
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2023-02-23
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Grab Forecasts 2023 Revenue Above Estimates, Brings Forward Profit Target
Feb 23 (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm,
Grab Forecasts 2023 Revenue Above Estimates, Brings Forward Profit Target
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2022-10-28
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Amazon Stock: Q4 Guide Disappoints but Still a Long-Term Winner, Says 5-Star Analyst
Anything you can do, I can do… just as bad as you? On Thursday, Amazon (AMZN) joined the list of fal
Amazon Stock: Q4 Guide Disappoints but Still a Long-Term Winner, Says 5-Star Analyst
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2022-09-23
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2022-09-10
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blood","listText":"first blood","text":"first blood","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957828926","repostId":"1129132164","repostType":4,"repost":{"id":"1129132164","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1677151027,"share":"https://ttm.financial/m/news/1129132164?lang=&edition=fundamental","pubTime":"2023-02-23 19:17","market":"sg","language":"en","title":"Grab Forecasts 2023 Revenue Above Estimates, Brings Forward Profit Target","url":"https://stock-news.laohu8.com/highlight/detail?id=1129132164","media":"Reuters","summary":"Feb 23 (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, ","content":"<html><head></head><body><p>Feb 23 (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline on hopes that consumers will continue to rely on its services.</p><p>New York-listed shares of a decade-old Grab, a household name in eight Southeast Asian countries, gained 6% in premarket trading.</p><p>Grab and rivals such as Indonesia's PT GoTo Gojek Tokopedia Tbk and Uber benefited from higher demand for delivery services during the COVID-19 pandemic, while consumers have relied on the app for their daily commute as offices reopened and travel resumed.</p><p>The Singapore-based company is now scaling back on promotions, incentives to drivers, and is improving its cost structure to focus on profitability, while it will also implement several measures such as a hiring pause, salary freezes for senior managers and cuts in travel and expense budgets.</p><p>"This sets us up for a strong 2023 as we continue to focus on growing in a sustainable manner," Chief Financial Officer Peter Oey said.</p><p>Still, Grab expects the ride-hailing business to return to pre-pandemic levels by the end of the year.</p><p>The company forecast its 2023 revenue between $2.20 billion and $2.30 billion. Analysts expect Grab's annual sales to scale $1.97 billion, according to Refinitiv data.</p><p>Grab also brought forward its forecast for group break-even on an adjusted core earnings, or EBITDA basis, to the fourth quarter of 2023 from a previous target of the second half of 2024.</p><p>For the year, Grab forecast loss before interest, taxes, depreciation, and amortization between $275 million and $325 million. The metric, keenly watched by investors as a measure of profitability, was $793 million for 2022.</p><p>Grab also delivered an about four-fold revenue surge in the fourth quarter to $502 million, helped by higher demand and a reduction in incentives.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab Forecasts 2023 Revenue Above Estimates, Brings Forward Profit Target</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab Forecasts 2023 Revenue Above Estimates, Brings Forward Profit Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-02-23 19:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Feb 23 (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline on hopes that consumers will continue to rely on its services.</p><p>New York-listed shares of a decade-old Grab, a household name in eight Southeast Asian countries, gained 6% in premarket trading.</p><p>Grab and rivals such as Indonesia's PT GoTo Gojek Tokopedia Tbk and Uber benefited from higher demand for delivery services during the COVID-19 pandemic, while consumers have relied on the app for their daily commute as offices reopened and travel resumed.</p><p>The Singapore-based company is now scaling back on promotions, incentives to drivers, and is improving its cost structure to focus on profitability, while it will also implement several measures such as a hiring pause, salary freezes for senior managers and cuts in travel and expense budgets.</p><p>"This sets us up for a strong 2023 as we continue to focus on growing in a sustainable manner," Chief Financial Officer Peter Oey said.</p><p>Still, Grab expects the ride-hailing business to return to pre-pandemic levels by the end of the year.</p><p>The company forecast its 2023 revenue between $2.20 billion and $2.30 billion. Analysts expect Grab's annual sales to scale $1.97 billion, according to Refinitiv data.</p><p>Grab also brought forward its forecast for group break-even on an adjusted core earnings, or EBITDA basis, to the fourth quarter of 2023 from a previous target of the second half of 2024.</p><p>For the year, Grab forecast loss before interest, taxes, depreciation, and amortization between $275 million and $325 million. The metric, keenly watched by investors as a measure of profitability, was $793 million for 2022.</p><p>Grab also delivered an about four-fold revenue surge in the fourth quarter to $502 million, helped by higher demand and a reduction in incentives.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129132164","content_text":"Feb 23 (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline on hopes that consumers will continue to rely on its services.New York-listed shares of a decade-old Grab, a household name in eight Southeast Asian countries, gained 6% in premarket trading.Grab and rivals such as Indonesia's PT GoTo Gojek Tokopedia Tbk and Uber benefited from higher demand for delivery services during the COVID-19 pandemic, while consumers have relied on the app for their daily commute as offices reopened and travel resumed.The Singapore-based company is now scaling back on promotions, incentives to drivers, and is improving its cost structure to focus on profitability, while it will also implement several measures such as a hiring pause, salary freezes for senior managers and cuts in travel and expense budgets.\"This sets us up for a strong 2023 as we continue to focus on growing in a sustainable manner,\" Chief Financial Officer Peter Oey said.Still, Grab expects the ride-hailing business to return to pre-pandemic levels by the end of the year.The company forecast its 2023 revenue between $2.20 billion and $2.30 billion. Analysts expect Grab's annual sales to scale $1.97 billion, according to Refinitiv data.Grab also brought forward its forecast for group break-even on an adjusted core earnings, or EBITDA basis, to the fourth quarter of 2023 from a previous target of the second half of 2024.For the year, Grab forecast loss before interest, taxes, depreciation, and amortization between $275 million and $325 million. The metric, keenly watched by investors as a measure of profitability, was $793 million for 2022.Grab also delivered an about four-fold revenue surge in the fourth quarter to $502 million, helped by higher demand and a reduction in incentives.","news_type":1,"symbols_score_info":{"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":2209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928654270,"gmtCreate":1671273642891,"gmtModify":1676538518475,"author":{"id":"3570517865216539","authorId":"3570517865216539","name":"Big__Boss","avatar":"https://static.tigerbbs.com/2c36c2fe68f671064d7d1fd9b7268165","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570517865216539","idStr":"3570517865216539"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928654270","isVote":1,"tweetType":1,"viewCount":2723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928654671,"gmtCreate":1671273634493,"gmtModify":1676538518472,"author":{"id":"3570517865216539","authorId":"3570517865216539","name":"Big__Boss","avatar":"https://static.tigerbbs.com/2c36c2fe68f671064d7d1fd9b7268165","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570517865216539","idStr":"3570517865216539"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928654671","isVote":1,"tweetType":1,"viewCount":2329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986279194,"gmtCreate":1666970123018,"gmtModify":1676537842615,"author":{"id":"3570517865216539","authorId":"3570517865216539","name":"Big__Boss","avatar":"https://static.tigerbbs.com/2c36c2fe68f671064d7d1fd9b7268165","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570517865216539","idStr":"3570517865216539"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9986279194","repostId":"1105945743","repostType":4,"repost":{"id":"1105945743","kind":"news","pubTimestamp":1666946955,"share":"https://ttm.financial/m/news/1105945743?lang=&edition=fundamental","pubTime":"2022-10-28 16:49","market":"us","language":"en","title":"Amazon Stock: Q4 Guide Disappoints but Still a Long-Term Winner, Says 5-Star Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1105945743","media":"TipRanks","summary":"Anything you can do, I can do… just as bad as you? On Thursday, Amazon (AMZN) joined the list of fal","content":"<div>\n<p>Anything you can do, I can do… just as bad as you? On Thursday, Amazon (AMZN) joined the list of fallen tech giants. After disastrous results for Alphabet, Microsoft and then Meta, the ecommerce ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/amazon-stock-q4-guide-disappoints-but-still-a-long-term-winner-says-5-star-analyst\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Stock: Q4 Guide Disappoints but Still a Long-Term Winner, Says 5-Star Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock: Q4 Guide Disappoints but Still a Long-Term Winner, Says 5-Star Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-28 16:49 GMT+8 <a href=https://www.tipranks.com/news/article/amazon-stock-q4-guide-disappoints-but-still-a-long-term-winner-says-5-star-analyst><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Anything you can do, I can do… just as bad as you? On Thursday, Amazon (AMZN) joined the list of fallen tech giants. After disastrous results for Alphabet, Microsoft and then Meta, the ecommerce ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/amazon-stock-q4-guide-disappoints-but-still-a-long-term-winner-says-5-star-analyst\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.tipranks.com/news/article/amazon-stock-q4-guide-disappoints-but-still-a-long-term-winner-says-5-star-analyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105945743","content_text":"Anything you can do, I can do… just as bad as you? On Thursday, Amazon (AMZN) joined the list of fallen tech giants. After disastrous results for Alphabet, Microsoft and then Meta, the ecommerce leader took its turn to reflect the difficulties faced by the market leaders in the current economic climate.Shares are taking a hit in pre-market trading after the company said it expects a deceleration in sales growth for the holiday season, with waning demand amidst fears of a recession and the strong dollar all taking their toll. Meanwhile, Amazon also delivered a mixed Q3 report.First, the bright spot; posting a quarterly profit for the first time in 2022, Amazon delivered EPS of $0.28, coming in ahead of the Street’s forecast of $0.22.But there was a miss on the top-line as revenue increased by 14.7% year-over-year to $127.1 billion, falling shy of the consensus estimate by $370 million.Exhibiting the lowest growth rate since the start of 2014, AWS sales increased by 27.5% from the same period a year ago to $20.5 billion, below the analysts’ prediction of $21.2 billion.And then there was the guide; for Q4, Amazon’s operating income is expected in the region between $0 and $4.0 billion, with sales coming in between $140 billion to $148 billion. That was a big letdown as Wall Street had called for operating income of $5.05 billion and revenue of $155.09 billion.With the shares hammered and the stock on course to head back below the $1 trillion market cap threshold for the first time since April 2020, Truist’s Youssef Squali has some reassuring words for battered investors.“AMZN’s results were generally in line with expectations but the linearity of 3Q and the 4Q guide show that demand trends are slowing into October,” the 5-star analyst said. “In addition to macro headwinds, AMZN is also working to regain productivity losses from Covid, which are taking a bit longer to materialize and weighing on margins. That said, we view these challenges as temporary and see AMZN with the power of Prime, AWS leadership and rapidly growing ad business as best positioned to ride these multiple secular growth trends in FY23/beyond.”To this end, Squali maintains a Buy rating although the price target is lowered from $170 to $160. Still, the revised figure suggests shares will climb 44% higher over the coming months.Amazon remains a favorite on Wall Street. While one analyst stays on the sidelines, all 30 other reviews on file are positive, making the consensus view here a Strong Buy. Going by the $169.32 average target, the shares have room for 53% growth in the year ahead.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2686,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913196792,"gmtCreate":1663930700317,"gmtModify":1676537365492,"author":{"id":"3570517865216539","authorId":"3570517865216539","name":"Big__Boss","avatar":"https://static.tigerbbs.com/2c36c2fe68f671064d7d1fd9b7268165","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570517865216539","idStr":"3570517865216539"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$</a><v-v data-views=\"1\"></v-v>nice","listText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$</a><v-v 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