Can DoorDash's Q3 Earnings Beat and FY24 View Push the Stock Higher?
DASH third-quarter 2024 results reflect strength in total orders and Marketplace GOV.
DoorDash, Inc. (DASH) Q3 2024 Earnings Call Transcript
DoorDash, Inc. (NASDAQ:DASH ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Andy Hargreaves - Vice President, Investor Relations Tony Xu - Chief Executive Officer Ravi Inukonda - Chief Financial Officer Conference Call Participants Nikhil Devnani - Bernstein Michael Morton - Moffett Nathanson Bernie McTernan - Needham & Company Shweta Khajuria - Wolfe Research Andrew Boone - JMP Securities James Lee - Mizuho Securities Michael McGovern - Bank of America Lee Horowitz - Deutsche Bank John Colantuoni - Jefferies Operator Good afternoon and good evening. My name is Aaron, and I will be your conference operator for today.
DoorDash and Lyft Partner to Offer Benefits to Mutual Customers
DoorDash and Lyft have formed a partnership that will offer their customers benefits on the local commerce platform's local delivery service and the rideshare company's rides. Members of DoorDash's subscription program, DashPass, and Lyft riders can access these exclusive benefits by linking their accounts, the companies said in a Wednesday (Oct. 30) press release.
DoorDash, Inc. (DASH) Q3 Earnings and Revenues Beat Estimates
DoorDash, Inc. (DASH) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to loss of $0.19 per share a year ago.
DoorDash keeps investing in expansion, as more consumers use platform in third quarter
DoorDash Inc. on Wednesday reported third-quarter results and a fourth-quarter demand outlook that topped expectations, as the company continues to invest in expansion and improving service.
DoorDash Set to Report Q3 Earnings: What's in Store for the Stock?
DASH's third-quarter 2024 results are likely to benefit from strong total orders and Marketplace GOV.
3 Top Stocks It's Not Too Late to Buy Today
Some investors are weary of buying into stocks when the S&P 500 index is trading near its all-time high and has also made new highs recently, but that doesn't mean all stocks are overpriced or not worth considering. Today's list of stocks will offer investors a chance to align their portfolios with the current scenarios playing out in the economy, or at least the expectations for the coming quarters.
DoorDash, Inc. (DASH) Reports Next Week: Wall Street Expects Earnings Growth
DoorDash (DASH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Can DoorDash and Wegmans Partnership Push the DASH Stock Higher?
DASH expands its partnership with Wegmans, offering grocery delivery from all Maryland locations and more states soon, plus 40% off on eligible orders.
DoorDash Rallies 44% YTD: Should You Buy, Retain or Sell the Stock?
DASH's shares benefit from robust order growth and expanding clientele, positioning it for continued success despite fierce competition in food delivery.
DoorDash's Growth Playbook
In Q2 2024, DoorDash's total orders increased by 19% YoY, with revenue surging 23% to $2.6 billion. The net revenue margin rose to 13.3% in Q2 2024, reflecting higher revenue per dollar for GOV. Adjusted EBITDA soared 54% YoY to $430 million, now representing 2.2% of Marketplace GOV.
Watch These Stocks For The Early Effects Of The Fed Rate Cut
What's the market impact of the big Fed rate cut? The Investing with IBD podcast covers two stocks offer perspective for what's ahead.
