GrubHub Investors Queasy After Earnings Outlook Miss

By | April 29, 2015

Scalper1 News

GrubHub (GRUB) reported strong first-quarter results Wednesday morning, but shares tumbled as its second-quarter earnings estimate fell short of consensus views. GrubHub reported Q1 revenue of $88.25 million, above the consensus estimate of $85.4 million. That’s up 51% from the year-earlier period and maintains a string of double- or triple-digit growth going back 13 quarters. GrubHub reported earnings per share of 12 cents, double that of the Scalper1 News

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