Raymond James Downgrades GrubHub Inc. (GRUB) to Outperform
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Cowen Cuts Price Target Following GrubHub (GRUB) 3Q Results and Guidance
October 28, 2015 10:51 AM EDTCowen maintained a Market Perform rating on GrubHub Inc. (NYSE: GRUB), and cut the price target to $22.00 (from $25.00), following the company's 3Q results and guidance. Management gave initial guidance of ~$500M in incremental FY16 gross food sales (~$400M in net food sales, ex-tax & tip),... More
GrubHub (GRUB) Blames Weather for 3Q Miss; Sterne Agee CRT Cuts Price Target to $32
October 28, 2015 9:00 AM EDTSterne Agee CRT maintained a Buy rating on GrubHub Inc. (NYSE: GRUB), and cut the price target to $32.00 (from $37.00), following the company's 3Q earnings results. GRUB reported 3Q revenue / adjusted EBITDA of $85.66M / $21.46M compared to consensus $86.7M / $24.9M. Management noted unseasonably mild weather... More
Susquehanna Downgrades GrubHub Inc. (GRUB) to Neutral
October 28, 2015 7:12 AM EDTSusquehanna downgraded GrubHub Inc. (NYSE: GRUB) from Positive to Neutral with a price target of $25.00 (from $44.00).
Analyst Shyam Patil commented, "While we like the business and long-term opportunity, we believe lingering issues around competition, decelerating growth, and margin pressure are likely to... More
GrubHub (GRUB) Misses Q3 EPS by 1c; Guides Q4 Revenue Below Expectations
October 27, 2015 9:01 AM EDTGrubHub (NYSE: GRUB) reported Q3 EPS of $0.13, $0.01 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $85.7 million versus the consensus estimate of $86.54 million.
Sees Q4 revenue of $98 - $100 million, with the consensus at $100.9 million.
For earnings history and earnings-related data on GrubHub (GRUB) click here.
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