tiprankstipranks
Prosus Reports Growth in Core Earnings
Company Announcements

Prosus Reports Growth in Core Earnings

Prosus (PROSF) has released an update.

Prosus NV, a subsidiary of Naspers Limited, has announced an expected increase in core headline earnings per share, thanks to strong growth and profitability in its ecommerce businesses and investments, particularly in Tencent. Despite a decline in earnings per share due to a smaller gain from the sale of Tencent shares compared to the previous year, the overall financial picture shows improvement. The company’s financial results will be fully detailed in their forthcoming statements on June 24, 2024.

For further insights into PROSF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskProsus Advances Share Repurchase Efforts
TheFlyProsus price target raised to ZAR 42 from ZAR 40 at Barclays
TipRanks UK Auto-Generated NewsdeskProsus Schedules Hybrid Annual General Meeting
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!