DoorDash (DASH) Shares Surged 25% Following Q4 Results

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DoorDash revenue beats as food-delivery boom continues, shares soar 24%

February 16, 2022 4:17 PM EST

By Praveen Paramasivam

(Reuters) -DoorDash Inc reported quarterly revenue on Wednesday that beat estimates as food delivery demand showed no sign of slowing, indicating ordering habits have changed permanently, sending the company's shares up 24% after the bell.

Analysts have said people have grown accustomed to having food delivered to their doorsteps after frequently ordering in during the peak of the pandemic. They expect DoorDash and rivals Uber Eats and Grubhub to show strong growth for several years even... More

DoorDash (DASH) Misses Q4 EPS by 18c, Offers Outlook

February 16, 2022 4:11 PM EST

DoorDash (NYSE: DASH) reported Q4 EPS of ($0.45), $0.18 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.28 billion.

Q1 and 2022 Outlook

We expect Q1 Marketplace GOV to be in a... More