Recap: GrubHub Q3 Earnings

Shares of GrubHub GRUB rose 2% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 40.74% over the past year to $0.16, which beat the estimate of ($0.09).

Revenue of $493,981,000 higher by 53.39% from the same period last year, which beat the estimate of $436,710,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Technicals

52-week high: $85.53

52-week low: $29.35

Price action over last quarter: Up 5.07%

Company Description

Founded in 2004, Grubhub provides an online takeout food platform for diners and restaurants. The firm generates revenue by charging restaurants a commission based on each order amount. It also charges consumers a delivery fee for orders where the firm handles the delivery. Grubhub has over 50,000 restaurant partners.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Earnings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!