DoorDash inventory pops after income beat, rosy steerage

Shares of DoorDash jumped as a lot as 8% in prolonged buying and selling Thursday after the meals supply firm reported better-than-expected gross sales for the fourth quarter and gave upbeat steerage for the present interval.

Right here’s how the corporate did:

Loss per share: $1.65 per share vs. 68 cents, as anticipated by analysts, based on Refinitiv

Income: $1.82 billion vs. $1.77 billion, as anticipated by analysts, based on Refinitiv

DoorDash mentioned the full variety of orders it delivered within the fourth quarter grew 27% to 467 million, which topped Wall Avenue’s projections for roughly 458 million orders, based on StreetAccount.

submitted by /u/Puginator

Source link

Related articles

Apple CEO praises China’s innovation, lengthy historical past of cooperation on Beijing go to By Reuters

© Reuters. FILE PHOTO: Apple CEO Tim Cook dinner attends the Apple Unique Collection “Ted Lasso” Season 3 Crimson Carpet Premiere at Westwood Village Theater, Los Angeles, California, U.S., March 7, 2023. REUTERS/David...

Masonite Worldwide: The Market Is Not Pricing This As A Cyclical Firm (DOOR)

Not all of the income got here from the residential markets. There's the European and non-residential markets which can not by cyclical. A extra correct image could be to worth these non-cyclical...

Gordon Moore, Intel co-founder and creator of Moore’s Legislation, has died

Gordon Moore, certainly one of Intel’s co-founders and a Silicon Valley titan, died at this time at 94 years previous, based on a press launch from the corporate. He was a part of...

Crypto-friendly Custodia Financial institution Faces Setback As Fed Denies Utility For Supervision

The Crypto-friendly Custodia financial institution, based by Caitlin Lengthy, a well known determine within the crypto trade, has been denied its utility to come back below the supervision of the U.S. Federal Reserve...

US Justice Dept’s Google promoting case will get fast-paced schedule By Reuters

© Reuters. FILE PHOTO: The brand of Google LLC is seen on the Google Retailer Chelsea in New York Metropolis, U.S., January 20, 2023. REUTERS/Shannon Stapleton/File Photograph By Mike Scarcella (Reuters) - A federal...

Latest articles


Please enter your comment!
Please enter your name here