GrubHub (GRUB) Misses Q1 EPS by 2c; Active Diners Rose 46%

GrubHub (NYSE: GRUB) reported Q1 EPS of $0.12, $0.02 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $88.2 million versus the consensus estimate of $85.44 million.

First Quarter Key Business Metrics Highlights

• Active Diners were 5.60 million, a 46% year-over-year increase from 3.85 million Active Diners in the first quarter of 2014.
• Daily Average Grubs were 234,700, a 30% year-over-year increase from 181,200 Daily Average Grubs in the first quarter of 2014.
• Gross Food Sales were $590 million, a 36% year-over-year increase from $433 million processed in the first quarter of 2014.

GrubHub sees Q2 2015 revenue of $83.5-85.5 million, versus the consensus of $83.7 million.

GrubHub sees FY2015 revenue of $346-361 million, versus the consensus of $353.4 million.

For earnings history and earnings-related data on GrubHub (GRUB) click here.

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