Earnings Outlook For PropertyGuru Group

PropertyGuru Group (NYSE:PGRU) is set to give its latest quarterly earnings report on Tuesday, 2023-11-21. Here’s what investors…

PropertyGuru Group (NYSE:PGRU) is set to give its latest quarterly earnings report on Tuesday, 2023-11-21. Here’s what investors need to know before the announcement.

Analysts estimate that PropertyGuru Group will report an earnings per share (EPS) of $-0.02.

PropertyGuru Group bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here’s a look at PropertyGuru Group’s past performance and the resulting price change:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.04 0.02
EPS Actual -0.03 -0.05 -0.02 -0.04
Price Change % 0.0% -2.0% -2.48% -1.75%

Stock Performance

Shares of PropertyGuru Group were trading at $3.52 as of November 16. Over the last 52-week period, shares are down 30.43%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for PropertyGuru Group visit their earnings calendar on our site.

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

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