DoorDash (DASH) Misses Q1 EPS by 3c

DoorDash (NASDAQ: DASH) reported Q1 EPS of ($0.06), $0.03 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $2.51 billion versus the consensus estimate of $2.45 billion.

Financial Outlook

Based on our current outlook and assuming a stock price in line with recent trading levels, we expect:

• 2024 stock-based compensation to be in a range of $1.1 billion to $1.2 billion,
• 2024 RSU issuances of 6.0 million to 7.0 million, net of expected forfeitures, and
• 2024 depreciation and amortization expense of approximately $560 million to $590 million.

For earnings history and earnings-related data on DoorDash (DASH) click here.

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