DoorDash stock falls after company drops first earnings report since going public

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

DoorDash released its first earnings report as a public company yesterday, beating analyst revenue estimates but including a large net loss. CEO Tony Xu joined andrewrsorkin to discuss the quarter and what's ahead.

after the bell on Thursday. It beat analyst revenue estimates but included a large net loss in its first release as a public company.Here are the key numbers:Loss per share:CNBC does not compare reported earnings to analyst estimates for a company's first report after going public because uncertain share counts can skew expectations.

But DoorDash told shareholders it expects some of the tailwinds it experienced from stay-at-home orders across the U.S. will turn around once the country gets the virus under control. The company warned that outlook for the year "remains highly uncertain" but provided some guidance based on its assumption of a "successful rollout of COVID-19 vaccines."

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

andrewrsorkin How to fix the SEC? Time for wallstreetbets and reddittraders to talk about Microsoft, Apple, Tesla, Google on SocialMedia groups and sell your holding in all of them. And buy Puts simultaneously. Let SEC suspend trading on these names. wsb cnbc reddit

andrewrsorkin I just moved to your city, who wouldn't mind showing me interesting places?

andrewrsorkin This company stole their delivery workers tips and still can’t make money?🤣🤣

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

EV Companies Went Public With Big Plans. They’re Quickly Hitting Snags.Newly public electric-vehicle startups raised money by pitching big plans. On their first quarterly conference calls as public companies, they disclosed struggles. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Blaketeddy56 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️ Meanwhile management has been selling stock as quickly as they can 95% only bad news(
Källa: WSJ - 🏆 98. / 63 Läs mer »

Global Stocks Fall Ahead of U.S. Earnings FlurryInvestors are looking to companies’ first-quarter earnings and their outlook for the rest of the year to gauge whether valuations on stocks are justified. 建议习近平总统取消为资本家干私活的政法委(统管公检法扰乱国法祸国殃民)。让公检法相互制衡,公开公平公正地执行国法,错案能正常纠正。 Please go through my nonsense tweets and waste your precious time. Please go through my nonsense tweets and waste your precious time. Please go through my nonsense tweets and waste your precious time. Please go through my nonsense tweets and waste your precious time. Please go through my nonsense tweets and waste your precious time.
Källa: WSJ - 🏆 98. / 63 Läs mer »