Recap: Grindrod Shipping Hldgs Q1 Earnings

Grindrod Shipping Hldgs GRIN reported its Q1 earnings results on Wednesday, May 17, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Grindrod Shipping Hldgs beat estimated earnings by 65.08%, reporting an EPS of $-0.22 versus an estimate of $-0.63.

Revenue was down $33.50 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.18 which was followed by a 5.89% drop in the share price the next day.

To track all earnings releases for Grindrod Shipping Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.