Instacart (CART) posts EBITDA, revenue beat in first quarter as a public company
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall as megacap tech drags; Iran developments watched
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Instacart (CART) PT Lowered to $29 at Gordon Haskett
November 9, 2023 6:02 AM ESTGordon Haskett analyst Robert Mollins lowered the price target on Instacart (NASDAQ: CART) to $29.00 (from $31.00) while maintaining a Hold (3) rating.... More
Instacart (CART) PT Raised to $35 at JMP Securities
November 9, 2023 3:22 AM ESTJMP Securities analyst Andrew Boone raised the price target on Instacart (NASDAQ: CART) to $35.00 (from $33.00) while maintaining a Market Outperform rating.... More
Instacart (CART) Misses Q3 EPS by $7.89
November 8, 2023 4:24 PM EST(Updated - November 8, 2023 4:25 PM EST)
Instacart (NASDAQ: CART) (NASDAQ: CART) reported Q3 EPS of ($20.86), $7.89 worse than the analyst estimate of ($12.97). Revenue for the quarter came in at $764 million versus the consensus estimate of $736.9 million.
For earnings history and earnings-related data on Carolina Trust Bank (CART) click here.
... MoreInstacart sees upbeat core profit on higher transaction, ad fees
November 8, 2023 4:08 PM ESTBy Granth Vanaik
(Reuters) -Instacart on Wednesday forecast fourth-quarter core profit above Wall Street estimates in its first earnings report since going public in September, on higher transaction and advertisement fees, sending its shares up 4% after the bell.
The grocery delivery firm, whose stock has lost more than a third of its value since debut, also announced a $500 million share repurchase program.
It expects current-quarter adjusted EBITDA, a key measure of profitability, to be between $165 million... More
