tradingkey.logo

BUZZ-DoorDash up after Q1 revenue tops estimates

ReutersFeb 11, 2025 9:23 PM

Shares of online delivery DoorDash DASH.O up 5.3% at $202.11 in after market trading

Company tops analysts' estimate for Q4 revenue and total orders, as customers turned to its online platform to buy everything from food and groceries to alcohol during the holiday season

Q4 revenue rose 25% to $2.87 billion vs. estimates of $2.84 billion, according to data compiled by LSEG

Total orders for the quarter rose 19% to 685 million, compared with the estimate of 673.04 million

However, DASH expects Q1 EBITDA to be between $550 million and $600 million, with its midpoint below analysts' expectation of $584.9 million

In 2024, stock had risen nearly 70%

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI