Data is a real-time snapshot *Data is delayed at least 15 minutes. If you do not, click Cancel. See what Biden signed in Executive Order 14067, 30 Days of MarketBeat All Access for $1.00, Sign in to your free account to enjoy these benefits. For the second consecutive quarter, DoorDash posted record highs in MAUs and DashPass users, though it didnt include the exact numbers for either category. It also told investors to be wary of a few potential headwinds that could impact the platform, including inflation, rising interest rates and gas prices, labor shortages, and other factors relating to Covid-19. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. DoorDash stock rose over 10% in extended trading after the company reported 35% revenue growth in the first quarter, suggesting that the company's core business of delivering takeout food can still grow even after pandemic-driven highs. View our full suite of financial calendars and market data tables, all for free. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. The company said in a letter to investors that DoorDash is taking market share in the food delivery market in the United States, and that it plans to spend the cash created from food deliveries to move into other categories, including groceries, alcohol and retail delivery. Currency trading on margin involves high risk and is not suitable for all investors. In 2020, European food delivery company Just Eat Take-away (GRUB) acquired GrubHub in an all-stock deal valued at $7.3 billion. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Therefore, Fusion Media doesnt bear any responsibility for any trading losses you might incur as a result of using this data. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. NYSE and AMEX data is at least 20 minutes delayed. Learn more about MarketBeat. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Subscribe Now, Download the FreightWaves app for unlimited access to news and insights (Android & iOS Available), Copyright 2022, All Rights Reserved, FreightWaves, Inc, FreightWaves needs the contact information you provide to us to contact you about our products and services. Research, Inc. nor its Information Providers can guarantee the accuracy, DoorDashs Q1 2022 revenue of $1.46 billion was a 35% increase year-over-year, topping analyst consensus estimates by around $80 million. Xu credited the removal of incentives as the key to the companys revenue growth outpacing its marketplace GOV growth year-over-year. However, the stock was whacked during regular session trading on Thursday, dropping over 10% during a bad day for markets in general. Earnings announcements can affect a stocks price. The conference call for DoorDash's latest earnings report can be listened to online. This is a confirmed date of earnings release. DoorDash said that its EBITDA, which excludes certain costs such as its legal fights over worker classification and taxes, rose to $54 million from $43 million in the 2021 March quarter. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. "Demand on our Marketplace grew substantially in 2021, exceeding our expectations and the expectations of many who questioned the sustainability of demand as restaurants reopened," the company said in its letter to shareholders. StockTwits General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Required fields are marked *. If you wish to go to ZacksTrade, click OK. Total orders grew 35% to 369 million, both topping expectations. The only thing missing in your inbox is FreightWaves. Waste Management's Earnings Beat Expectation, Stock Gains, Microsoft's Future Bright Despite Weaker Than Expected Q4 Earnings, Occidental Petroleum Leads Exxon Mobil, Chevron Ahead Of Earnings. Actual performance may differ significantly from backtested performance. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Learn more on analysts' earnings estimate vs. For the next earning release, we expect the company to report earnings of -$0.39 per share, reflecting a year-over-year decrease of 30%. According to market research firm YipitData, thats propelled DoorDashs market share among the big three delivery apps DoorDash, Uber Eats and Grubhub to a staggering 57%, just a shade below its 59% share in Q4 2021. Visit www.zacksdata.com to get our data and content for your mobile app or website. DASH's actual earnings. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. At the same time, marketplace GOV hit an all-time high of $12.4 billion, and the platform grew total order volume by 23% year-over-year to 404 million. However, DoorDash reported a significantly slower rate of revenue growth than it did in the same quarter in 2021, when net sales nearly tripled. DoorDash adds express grocery delivery with Albertsons, DoorDash now delivering from 600 JCPenney stores nationwide, DoorDash and Instacart go head-to-head on ultrafast grocery delivery, Your email address will not be published. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. YouTube, American Consumer News, LLC dba MarketBeat 2010-2022. 2000-2022 Investor's Business Daily, LLC. Tony Xu, co-founder and chief executive officer of DoorDash Inc. David Paul Morris | Bloomberg | Getty Images. Get daily stock ideas from top-performing Wall Street analysts. *No crypto wallets or crypto exchanges are needed No previous experience. It also showed a record number of orders were placed in the fourth quarter, topping estimates. Learn more on analysts' earnings estimate vs. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Looking ahead, DoorDash is cautiously optimistic. Comment *document.getElementById("comment").setAttribute( "id", "ac950b2211e962de31deaf958068f80d" );document.getElementById("c6ae5b620f").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. It is underway.document.write(''); Enter your email address below to receive the latest news and earnings results for DASH and its competitors with MarketBeat's FREE daily newsletter. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. DoorDash (NYSE:DASH) has a recorded annual revenue of $4.89 billion. Analysts expected DoorDash to report a loss of 25 cents on revenue of $1.28 billion. Ownership data provided by Refinitiv and Estimates data provided by FactSet. Trading or investing in cryptocurrencies carries with its potential risks. Jack is a staff writer for FreightWaves and Modern Shipper covering topics like last mile delivery and e-commerce fulfillment. Stocks End Month With A Bang As These Groups Shine Brightest, Stock Market Edges Higher Ahead Of Fed Minutes; IBD 50 Stock Tops Buy Point; This Stock Soars 65%, Instacart IPO Has Potential To Kick-Start A Battered Market, Club Retailer BJ's Wholesale Nears Breakout After Teaming Up With DoorDash, Dow Jones Sells Off As Cisco, Walmart Report Earnings; DoorDash Soars, Nvidia Slides On Earnings, Dow Jones Futures Fall As U.S. Says Russia Invasion 'Imminent'; Nvidia, Palantir, DASH Stock Are Earnings Movers, Take Action To Unlock Supply Chain Disruption Issues, Stocks Send Mixed Messages; Airbnb Faces Headwinds, DoorDash Reverses, Louisiana-Pacific In Buy Zone, IBD Live Trade Of The Week: DoorDash Pops On Earnings, Providing Early Entry Before Breaking Out. Copyright FactSet Research Systems Inc. All rights reserved. Xu emphasized that because DoorDashs core business also acts as an engine for new investments, the company will continue to invest heavily in its growth. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. However, for its first quarter, DoorDash expects gross order value to be in the range of $11.4 billion to $11.8 billion. The dark blue line represents the company's actual revenue. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. This 3-second Boomer crypto move works whether Bitcoin goes up or down. Authors may own the stocks they discuss. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. All Rights Reserved, Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Realtime quote and/or trade prices are not sourced from all markets. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our, DoorDash is still dominating the food delivery wars. Restaurants can use the money to buy equipment, pay rent or cover other costs like hiring and marketing. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Revenue jumped 34% from the year-ago period. The company also said that it paid fewer incentives and promotions to attract delivery workers compared to the first quarter of 2021. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. DoorDash has generated ($1.53) earnings per share over the last year (($1.53) diluted earnings per share). DoorDash continues to dominate food and convenience delivery. More markets insights, more alerts, more ways to customise assets watchlists only on the App. All rights reserved. Facebook Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. We want to hear from you. Despite major investments in expanding the business into categories like grocery and alcohol, as well as into new countries, the third-party delivery apps revenue continued to grow as it posted all-time highs in marketplace gross order value (GOV), monthly active users (MAUs), average order frequency and users of DashPass, its delivery subscription offering. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter. Interested parties can register for or listen to the call.. DoorDash has confirmed that its next quarterly earnings data will be published on Thursday, August 4th, 2022. CEO Tony Xu placed particular emphasis on the companys success growing its third-party convenience vertical. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. DoorDash, which rocketed more than 17% in morning trading, later fell 1.6%, closing at 183.61 on the stock market today. Enter your email to receive our newsletter. Your email address will not be published. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. * indicates the important links in the menu. "How I trade Bitcoin* - using my stock brokerage account - for the chance to make 3-times 5-times even 10-times more money than any of the crypto HODLERs out there!" View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. For their last quarter, DoorDash (DASH) reported earnings of -$0.48 per share, missing the Zacks Consensus Estimate of -$0.38 per share. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter. We're excited to announce that a new and improved Investing.com just launched! Consumer engagement in the category continued improving in Q1, with a Q/Q increase in MAU and order frequency, and we expect the category to generate positive variable profit in the second half of this year.. Sign in to your free account to enjoy all that MarketBeat has to offer. Hear from insiders and experts at the Best New Ideas in Money Festival. Changes in these assumptions may have a material impact on the backtested returns presented. publicly available sources. International stock quotes are delayed as per exchange requirements. Get market updates, educational videos, webinars, and stock analysis. Could CRISPR Therapeutics be a Moonshot Hiding in Plain Sight? Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. It also improved on the previous quarters revenue of around $1.3 billion despite the reopenings of restaurants and other stores as Americans pandemic concerns begin to subside. He studied at Northwestern University, majoring in journalism with a certificate in integrated marketing communications. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. DASH's actual earnings. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Looking for new stock ideas? Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. Was The Market Wrong On Etsy Again, As Shares Gain Post Earnings? New video series for traders highlights Direxions top 10 Leveraged & Inverse ETF in the market lately. In the previous quarter, DoorDash (NYSE:DASH) missed the analysts' consensus estimate of ($0.38) by $0.10 with a reported earnings per share (EPS) of ($0.48). In-depth profiles and analysis for 20,000 public companies. Our Story. Reach market shark status with 4 weeks of MarketSmith for $29.95 (that saves you $120)! Listen to Conference Call, The conference call transcript for DoorDash's latest earnings report can be read online. Amazon stock edged up as it announced a partnership with Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! DoorDash (DASH) reported an adjusted loss of 45 cents a share on revenue of $1.3 billion. Source: Kantar Media. Neither Zacks Investment The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. DoorDash (DASH) Earnings Date and Announcements. *Real-time prices by Nasdaq Last Sale. Learn more on DASH's earnings history. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. in the Information. Cryptocurrencies are not suitable for all investors. Got a confidential news tip? Learn more about Zacks Equity Research reports. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Get short term trading ideas from the MarketBeat Idea Engine. All rights reserved. 7/06/2022 Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. Previously, Jack has written for Backpacker Magazine and enjoys travel, the outdoors, and all things basketball. The reported ($0.48) earnings per share for the quarter, missing analysts' consensus estimates of ($0.38) by $0.10. 7 Blue-Chip Dividend Stocks That Wont be Impacted by Rising Interest Rates, 7 Stocks with the Pricing Power to Push Through High Inflation, 10 Recession-Proof Stocks That Will Let You Wait Out the Bear, 7 Dividend Aristocrats to Help You Take the Bite Out of the Bear, 7 Dividend Stocks That Earn 10% Every Month, 7 Commodities ETFs to Help Build a Hedge Against Inflation, 7 Stagflation Stocks to Help Navigate Periods of Low Growth, 7 Dividend Stocks to Buy When Safety is Your Top Priority, 7 Agricultural Technology Stocks to Buy as Commodity Prices Remain Volatile, 7 NFT Related Stocks That Are Helping to Drive This Trend, 7 Outdoor Living Stocks to Buy Before Investors Go Away For the Summer, Skip Charts & View Estimated and Actual Earnings Data. DoorDash has confirmed that its next quarterly earnings report will be published on Thursday, August 4th, 2022. Called DoorDash Capital, it will offer cash advances to eligible restaurants. Millionaire Trader who managed $200 Million for the Silicon Valley Elite reveals, for the first time ever DASH has generated -$1.53 earnings per share over the last four quarters. DoorDash told investors that its supply of Dashers, the companys term for its couriers, remained healthy throughout the quarter despite a reduction in Dasher incentives. DoorDash stock soared Thursday in reaction to the company's fourth-quarter results that missed earnings estimates but beat on revenue and came with a first-quarter outlook above expectations. DoorDash's earnings are expected to grow from ($1.64) per share to ($0.97) per share in the next year. MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. The chart below shows up to four years of a company's revenue history. See rankings and related performance below. The latest earnings per share, revenues and financial reports for Doordash Inc (DASH). All rights reserved. U.S. Economy Tagged With Recession Label As GDP Falls Again; Dow Jones Rallies, A+ Fund Buying Lifts LNG Stock Toward Buy Point. Information Providers, or gathered by Zacks Investment Research, Inc. from Delayed quotes by Sungard. Unlike anything you've probably ever seen before. The firm had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.38 billion. Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Our daily ratings and market update email newsletter. The chart below shows up to four years of a company's earnings history. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 DoorDash stock rose in extended trading after the company reported 35% revenue growth in the first quarter, suggesting that the company's core business of delivering takeout food can still grow even after pandemic-driven highs. Therefore Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data. Its revenue for the quarter was up 35.2% compared to the same quarter last year. Seems like that currently there are no price alerts. The One Question You Have to Ask Before Investing in INTC Stock, Home Depot: A Beautiful Boring Stock to Navigate a Bear Market, US markets keep rising in face of more grim inflation news, Procter's Earnings Start To Show Weakness In Q4, Fetterman harnesses power of social media in Senate campaign, Earnings Estimates and Acutals by Quarter Chart Description, Estimated Revenue and Actual Revenue by Quarter Chart Description. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. BREAKING: Stocks End Month With A Bang As These Groups Shine Brightest. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Copyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Shares of DoorDash (NYSE: DASH) were up around 7% in early post-market trading on Thursday. Certain assumptions have been made for modeling purposes and are unlikely to be realized. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. completeness, timeliness, or correct sequencing of any of the Information on A Full Year Of Recommended Stock Picks Now 60% Off. To learn more, click here. It also expanded internationally, acquiring European food delivery platform Wolt in November for $8.1 billion. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change. How good is it? The meal delivery market is consolidating and highly competitive. While restaurants have long been DoorDashs calling card, the platform has been adding services like alcohol delivery, ultrafast grocery, and delivery of beauty products, flowers, gifts and pet items. Real-time analyst ratings, insider transactions, earnings data, and more. Backtested performance is not an indicator of future actual results. He explained that the companys strategy is to take cash generated from its core U.S. restaurant marketplace and reinvest it in new verticals. Last week, DoorDash unveiled a new program that could give DoorDash stock a lift. Zacks Rank Education -- Learn more about the Zacks Rank
Get this delivered to your inbox, and more info about our products and services. See the change in forecast and EPS from the previous year. Why Apple Shares May Have Room to Move Higher After Earnings, Windfall Profits Have Exxon Mobil On Track For New Highs, Adobe Stock, Why some investors are bullish, and others are not. TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice. Before deciding to trade foreign exchange or any other financial instrument or cryptocurrencies you should carefully consider your investment objectives, level of experience, and risk appetite. Zacks Ranks stocks can, and often do, change throughout the month. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. All CFDs (stocks, indexes, futures) and Forex and cryptocurrency prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds. 2007-2022 Fusion Media Limited. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. Amazon stock edged up as it announced a partnership with Grubhub, causing shares of Uber Eats and DoorDash to fall. DoorDash said that it anticipates MAUs and average order frequency to continue to grow while it invests in new categories and international markets. The company credited growing DashPass membership for spurring another quarterly high. DoorDash will be holding an earnings conference call on Thursday, August 4th at 6:00 PM Eastern. 7/06/2022 NASDAQ data is at least 15 minutes delayed. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. There may be delays, omissions, or inaccuracies To see all exchange delays and terms of use please see Barchart's disclaimer. Whether youre looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. No representations and warranties are made as to the reasonableness of the assumptions. DoorDash also said that it added more new customers in Q1 2022 than it has since the first quarter of 2021, signaling that its expanded platform has some real staying power. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Read Transcript. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. It expects marketplace GOV in Q2 to fall between $12.1 billion and $12.5 billion, placing it close to Q1s record high. ZacksTrade and Zacks.com are separate companies. We use cookies to understand how you use our site and to improve your experience. The midpoint of $11.6 billion is above analyst estimates for $11.4 billion, according to FactSet. DoorDash stock surged 11.6% on the announcement. DoorDash, Inc. (DASH) Expected to Beat Earnings Estimates: Should You Buy? Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released.
