GrubHub (GRUB) Tops Q3 EPS by 2c; Guides Q4 Revs Above Expectations

GrubHub (NYSE: GRUB) reported Q3 EPS of $0.08, $0.02 better than the analyst estimate of $0.06. Revenue for the quarter came in at $61.9 million versus the consensus estimate of $57.5 million.

"GrubHub delivered strong third quarter results featuring record revenues and adjusted EBITDA driven by growth in all of our key business metrics," said Matt Maloney, CEO. "Due to the strength of our brand and effectiveness of our new brand campaign, growth in active diners remained strong even as we reduced overall advertising spend sequentially in the seasonally slow third quarter."

GrubHub sees Q4 2014 revenue of $68.5-70.5 million, versus the consensus of $66.7 million.

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

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