TECH - DoorDash to Report Q1 Earnings: What's in Store? | Benzinga
DoorDash (NASDAQ: DASH) is set to release its first-quarter 2024 results on May 1.
The Zacks Consensus Estimate for the top line is currently pegged at $2.45 billion, suggesting a 20.63% increase year over year.
The consensus mark for loss is estimated to be 7 cents per share, unchanged in the past 30 days. DASH reported a loss of 41 cents per share in the year-ago quarter.
The company's earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters while missing the same twice, the average surprise being 20.5%.
Let's see how things have shaped up for this announcement:
Factors to Consider
DoorDash's first quarter 2024 performance is expected to have benefited from strong total orders and Marketplace GOV, alongside enhanced logistics efficiency and an increasing contribution from advertising.
For the first quarter of 2024, DoorDash anticipates ...