Grubhub Reports Record First Quarter Results

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GrubHub Inc. (GRUB) PT Raised to $50 at Stifel on 'Strong' 1Q Print; 'Growing Restaurant Network, Product Improvements Boosting Growth':

April 27, 2017 3:54 PM EDT

Stifel raised its price target on GrubHub Inc. (NYSE: GRUB) to $50.00 (from $48.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst John Egbert notes the company settled the concerns of investors with this print, with the platform appearing to solidify its... More

Grubhub (GRUB) Tops Q1 EPS by 5c, Offers Q2 & FY Guidance

April 27, 2017 9:02 AM EDT

Grubhub (NYSE: GRUB) reported Q1 EPS of $0.29, $0.05 better than the analyst estimate of $0.24. Revenue for the quarter came in at $156.1 million versus the consensus estimate of $153.04 million.

GUIDANCE:

Grubhub sees FY2017 revenue of $632-662 million, versus the consensus of $664... More