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Stock impact report

DoorDash, Inc. (NASDAQ:DASH) Just Released Its First-Quarter Earnings: Here's What Analysts Think [Yahoo! Finance]

DoorDash, Inc. (DASH) 
Company Research Source: Yahoo! Finance
Revenues of US$2.5b beat expectations by a respectable 2.5%, although statutory losses per share increased. DoorDash lost US$0.06, which was 26% more than what the analysts had included in their models. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. See our latest analysis for DoorDash After the latest results, the 36 analysts covering DoorDash are now predicting revenues of US$10.3b in 2024. If met, this would reflect a decent 13% improvement in revenue compared to the last 12 months. DoorDash is also expected to turn profitable, with statutory earnings of US$0.14 per share. In the lead-up to this report, the analysts had been modelling revenues of US$10.2b and earnings per share (EPS) of US$0.24 in 2024. The analysts se Show less Read more
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