Grubhub (GRUB) Misses Q4 EPS by 9c, Offers Guidance

Grubhub (NYSE: GRUB) reported Q4 EPS of $0.19, $0.09 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $288 million versus the consensus estimate of $290.72 million.

Fourth Quarter Key Business Metrics Highlights1

• Active Diners were 17.7 million, a 22% year-over-year increase from 14.5 million Active Diners in the fourth quarter of 2017.
• Daily Average Grubs (DAGs) were 467,500, a 19% year-over-year increase from 392,500 DAGs in the fourth quarter of 2017.
• Gross Food Sales were $1.4 billion, a 21% year-over-year increase from $1.1 billion in the fourth quarter of 2017.

First Quarter and Full Year 2019 Guidance

Based on information available as of Feb. 7, 2019, the Company is providing the following financial guidance for the first quarter and full year of 2019.

(Street sees Q1 revenue of $322.5 and FY revenue of $1.35 billion)

For earnings history and earnings-related data on Grubhub (GRUB) click here.

You May Also Be Interested In

• AeroVironment restates quarterly financials, citing $89M goodwill error
• Jabil (JBL) Tops Q3 EPS by 8c, Offers Guidance
• Stifel Starts Victrex Plc. (VCT:LN) (VTXPF) at Buy