the results were reported late Wednesday.

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. There may be delays, omissions, or inaccuracies Therefore, Fusion Media doesnt bear any responsibility for any trading losses you might incur as a result of using this data. Restaurants can use the money to buy equipment, pay rent or cover other costs like hiring and marketing. 7/06/2022

2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Read Transcript. Xu credited the removal of incentives as the key to the companys revenue growth outpacing its marketplace GOV growth year-over-year. Learn more on analysts' earnings estimate vs. It is underway.document.write('pixel'); Enter your email address below to receive the latest news and earnings results for DASH and its competitors with MarketBeat's FREE daily newsletter. He also noted that the companys marketplace penetration in nonrestaurant verticals and outside the U.S. is still low, implying that theres plenty of room for growth in those categories.

Please log in to your account or sign up in order to add this asset to your watchlist. sec quarterly In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice.

Revenue jumped 34% from the year-ago period. Reach market shark status with 4 weeks of MarketSmith for $29.95 (that saves you $120)!

The firm had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.38 billion.

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Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. 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. DASH's actual earnings. See what's happening in the market right now with MarketBeat's real-time news feed.

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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. Changes in these assumptions may have a material impact on the backtested returns presented.

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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. Learn more about Zacks Equity Research reports. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks.

DoorDash (DASH) reported an adjusted loss of 45 cents a share on revenue of $1.3 billion.

Is Apple Pointing to a Massive Recession in the U.S.? If you wish to go to ZacksTrade, click OK. 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. 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.

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. 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. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

He studied at Northwestern University, majoring in journalism with a certificate in integrated marketing communications. Data are provided 'as is' for informational purposes only and are not intended for trading purposes.

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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. "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.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. 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. How good is it? Shopify (SHOP) Reports Q2 Loss, Lags Revenue Estimates, Amazon (AMZN) Adds Grubhub Delivery Perk to Prime Subscription, Cloud Computing Is One Market That Investors Can't Ignore, DoorDash, Inc. (DASH) Reports Q1 Loss, Tops Revenue Estimates.

NYSE and AMEX data is at least 20 minutes delayed. Looking ahead, DoorDash is cautiously optimistic. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 2000-2022 Investor's Business Daily, LLC. DoorDash last announced its quarterly earnings results on May 5th, 2022.

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. Actual performance may differ significantly from backtested performance. You may unsubscribe from these communications at any time.

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For reference, the company recorded around 25 million MAUs and over 10 million DashPass members last quarter.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics.

Source: Kantar Media.

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. It also showed a record number of orders were placed in the fourth quarter, topping estimates. I retired at 42 by trading options. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. All rights reserved.

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YouTube, American Consumer News, LLC dba MarketBeat 2010-2022. We have now iterated and invested in the third-party convenience category for approximately two years and we continue to see positive signals around product-market fit and unit economic potential, he said in a letter to investors. Fundamental company data and analyst estimates provided by FactSet. The table shows recent earnings report dates and whether the forecast was beat or missed. 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). Get this delivered to your inbox, and more info about our products and services. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed.

Authors may own the stocks they discuss. Information Providers, or gathered by Zacks Investment Research, Inc. from

This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 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.

The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results.

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DoorDash's earnings are expected to grow from ($1.64) per share to ($0.97) per share in the next year. DoorDash has generated ($1.53) earnings per share over the last year (($1.53) diluted earnings per share). *Real-time prices by Nasdaq Last Sale.

Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. "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!" Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Join us for the Virtual Trading Summit and learn the fundamentals of smart investing! The dark blue line represents the company's actual earnings per share. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter. 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. Our Story. DoorDash (NYSE:DASH) has a recorded annual revenue of $4.89 billion.

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This information is provided for illustrative purposes only. In a deviation from his normal formatting, Xu took time in Q1 2022s letter to highlight DoorDashs investment process.

Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Real-time analyst ratings, insider transactions, earnings data, and more.

We use cookies to understand how you use our site and to improve your experience. Export data to Excel for your own analysis. 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

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..

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. The company credited growing DashPass membership for spurring another quarterly high. Sign in to your free account to enjoy all that MarketBeat has to offer. Here's how DoorDash did versus Refinitiv consensus estimates: DoorDash said the total number of orders it delivered during the quarter rose 23% to 404 million and that it added the most new customers to its service since the first quarter of 2021, which was during a significant wave of Covid infections in the United States.

The midpoint of $11.6 billion is above analyst estimates for $11.4 billion, according to FactSet. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Restaurants will repay the advance via deductions from their DoorDash earnings.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Learn more on analysts' earnings estimate vs. The company also said that it paid fewer incentives and promotions to attract delivery workers compared to the first quarter of 2021. In November, DoorDash announced it would acquire Wolt Enterprises, a European provider of food delivery services, in an all-stock deal valued at $8.1 billion.

Facebook 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. Amazon stock edged up as it announced a partnership with Grubhub, causing shares of Uber Eats and DoorDash to fall. Learn more on DASH's earnings history. And replace it with what he calls 'Biden Bucks'. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. This includes personalizing content and advertising. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process.

Realtime quote and/or trade prices are not sourced from all markets. 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. Enter your email to receive our newsletter. Cryptocurrencies are not suitable for all investors. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. For the second consecutive quarter, DoorDash posted record highs in MAUs and DashPass users, though it didnt include the exact numbers for either category. Zacks Style Scores Education - Learn more about the Zacks Style Scores. It also expanded internationally, acquiring European food delivery platform Wolt in November for $8.1 billion.

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Copyright FactSet Research Systems Inc. All rights reserved. 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. Currency trading on margin involves high risk and is not suitable for all investors. publicly available sources. No representations and warranties are made as to the reasonableness of the assumptions.

Unlike anything you've probably ever seen before. U.S. Economy Tagged With Recession Label As GDP Falls Again; Dow Jones Rallies, A+ Fund Buying Lifts LNG Stock Toward Buy Point. My method is different.

2007-2022 Fusion Media Limited. Twitter Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. DoorDash (NYSE:DASH) has a recorded net income of -$468 million. 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.

According to DoorDash, the average customer placed more orders this quarter than in any other in the companys history. Change value during other periods is calculated as the difference between the last trade and the most recent settle. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Seems like that currently there are no price alerts.

The monthly returns are then compounded to arrive at the annual return. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Delayed quotes by Sungard.

Its revenue for the quarter was up 35.2% compared to the same quarter last year. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.

2022 CNBC LLC. DoorDash continues to dominate food and convenience delivery.

The information and content are subject to change without notice. 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. Get short term trading ideas from the MarketBeat Idea Engine.

All Rights Reserved. Ownership data provided by Refinitiv and Estimates data provided by FactSet.

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Receive a free world-class investing education from MarketBeat. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. DoorDash, which rocketed more than 17% in morning trading, later fell 1.6%, closing at 183.61 on the stock market today. Was The Market Wrong On Etsy Again, As Shares Gain Post Earnings? Got a confidential news tip? This reflects a negative earnings surprise of 26.32%. 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. However, DoorDash reported a significantly slower rate of revenue growth than it did in the same quarter in 2021, when net sales nearly tripled. Real time prices by BATS.

The dark blue line represents the company's actual revenue.

In the current quarter, DoorDash expects EBITDA between $0 and $100 million. DASH has generated -$1.53 earnings per share over the last four quarters. These returns cover a period from January 1, 1988 through June 6, 2022.

Shares of DoorDash (NYSE: DASH) were up around 7% in early post-market trading on Thursday. In 2020, European food delivery company Just Eat Take-away (GRUB) acquired GrubHub in an all-stock deal valued at $7.3 billion.

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. 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!

NASDAQ data is at least 15 minutes delayed. 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. No cash balance or cash flow is included in the calculation. The reported ($0.48) earnings per share for the quarter, missing analysts' consensus estimates of ($0.38) by $0.10. CEO Tony Xu placed particular emphasis on the companys success growing its third-party convenience vertical.

Wall Street is keeping these stocks a Secret from You.. Start Your Risk-Free Trial Subscription Here. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000.

Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. By creating a free account, you agree to our, Notorious Crypto Hater drops bombshell: Dont buy ANY Bitcoin before you see this expose. However, for its first quarter, DoorDash expects gross order value to be in the range of $11.4 billion to $11.8 billion.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. DoorDash (DASH) Earnings Date and Announcements.

See rankings and related performance below. Jack is a staff writer for FreightWaves and Modern Shipper covering topics like last mile delivery and e-commerce fulfillment. Visit Performance Disclosure for information about the performance numbers displayed above.

He explained that the companys strategy is to take cash generated from its core U.S. restaurant marketplace and reinvest it in new verticals. All rights reserved. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Get market updates, educational videos, webinars, and stock analysis. The latest earnings per share, revenues and financial reports for Doordash Inc (DASH). Look out for DASH's next earnings release on August 04, 2022. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Backtested performance is developed with the benefit of hindsight and has inherent limitations.

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. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.

International stock quotes are delayed as per exchange requirements. If you do not, click Cancel. DoorDash is the largest food-delivery company in the U.S. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. * indicates the important links in the menu.

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. Visit www.zacksdata.com to get our data and content for your mobile app or website.

For their last quarter, DoorDash (DASH) reported earnings of -$0.48 per share, missing the Zacks Consensus Estimate of -$0.38 per share. We're excited to announce that a new and improved Investing.com just launched! Why Earnings Growth Is Crucial Part Of Winning Stocks, How To Know It's Time To Sell Your Favorite Stock, Learn How To Time The Market With IBD's ETF Market Strategy, How To Research Growth Stocks: Why This IBD Tool Simplifies The Search For Top Stocks, See IBD Stock Lists & Get Pass/Fail Ratings For All Your Stocks With IBD Digital.



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