DoorDash (DASH) Tops Q3 EPS by 18c

DoorDash (NASDAQ: DASH) reported Q3 EPS of $0.38, $0.18 better than the analyst estimate of $0.20. Revenue for the quarter came in at $2.71 billion versus the consensus estimate of $2.66 billion.

Financial Outlook

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

• 2024 stock-based compensation expense to be approximately $1.13 billion,
• 2024 RSU issuances of approximately 6.0 million, net of expected forfeitures, and
• 2024 depreciation and amortization expense of approximately $562 million.

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

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