Grubhub (GRUB) Misses Q1 EPS by 58c, Revenue Beats

Grubhub (NYSE: GRUB) reported Q1 EPS of ($0.56), $0.58 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $550.6 million versus the consensus estimate of $522.26 million.

• Active Diners: 33.0 million, a 38% year-over-year increase from 23.9 million Active Diners in the first quarter of 2020.
• Daily Average Grubs (DAGs): 745,700, a 44% year-over-year increase from 516,300 DAGs in the first quarter of 2020.
• Gross Food Sales: $2.6 billion, a 60% year-over-year increase from $1.6 billion in the first quarter of 2020.

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

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