Grab Holdings Q2 2022 Earnings Preview - Betting the % change in closing price to win!

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Bet Game: Place your Bet on Grab's percentage change in closing price (e.g.+3%) of August 25 by 3:00 PM, August 25 ET. The mooer with the closest bet will win 300 points!

Lucky Draw: The 10th, 20th, 30th and so on mooers to comment will get 30 points.

Grab's Q2 2022 Earnings Conference Call is to be hosted on August 25 prior to the opening of U.S. markets! The consensus estimate for revenue is expected at $273.81 million, indicating an approximately 20.1% QoQ growth. The EPS is estimated at (0.101) for this quarter.

Grab's share price has decreased by over 50% since 2022 and over 80% since its peak in January 2021.

Grab Holdings was founded in 2012, and the APP Grab is Southeast Asia’s leading superapp based on GMV (Gross Merchandise Volume). Grab operates across the mobility, deliveries and digital financial services sectors in eight Southeast Asia regions.

In June, Grab announced it has received an MSCI ESG Rating of “AA”. The rating is the second -highest MSCI ESG rating, and it affirms Grab’s actions and commitment to the sustainability space. For this rating, some MSCI funds might start to invest in Grab or increase its position toward Grab. But If we look at the global version of it, Uber already reported a net loss of $2.6 billion for the second quarter, $1.7 billion of which was attributed to investments of shares in Grab, Aurora and Zomato.

Although Grab's Q2 earnings could be influenced by a challenging macro environment, it might continue to benefit from on-demand transportation increase and a shift in spending from retail to services.

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