On Thursday, Oct. 25, GrubHub GRUB will release its latest earnings report. Benzinga's outlook for GrubHub is included in the following report.
Earnings and Revenue
Based on GrubHub management projections, analysts predict EPS of 41 cents on revenue of $238.76 million.
GrubHub reported a per-share profit of 28 cents when it published results during the same quarter last year. Sales in that period totaled $163 million. Sales would be up 46.43 percent from the same quarter last year. GrubHub's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
EPS Estimate | 0.41 | 0.4 | 0.31 | 0.24 |
EPS Actual | 0.5 | 0.52 | 0.37 | 0.28 |
Stock Performance
Over the last 52-week period, shares are up 121.11 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with GrubHub. The strength of this rating has maintained conviction over the past three months.
Conference Call
GrubHub is scheduled to hold a conference call at 10:00 a.m. ET and it can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.