Maplebear Inc reports results for the quarter ended December 31 - Earnings Summary

• Maplebear Inc CART.OQ reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of twenty seven analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 29 cents to 57 cents per share.

• Revenue rose 10% to $883.00 million from a year ago; analysts expected $891.00 million.

• Maplebear Inc's reported EPS for the quarter was 53 cents​.

• The company reported quarterly net income of $148 million.

• Maplebear Inc shares had risen by 19.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 15 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for Maplebear Inc is $54.00

This summary was machine generated from LSEG data February 25 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)