Online food delivery service provider GrubHub (GRUB) turned in a second-quarter earnings report that topped expectations, and the company raised guidance. GrubHub, before the market opened, reported Q2 revenue of $88 million, beating the consensus estimate of $85.3 million and up 47% from the same quarter a year ago. The company reported adjusted earnings before interest, taxes depreciation and amortization (EBITDA) of $28.4 million, up 68%
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
GrubHub (GRUB) delivered another strong quarter of revenue growth, but shares fell as first-quarter earnings reported Wednesday morning fell short of estimates, as did its Q2 profit outlook. 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. It reported earnings per share minus items