financetom
Business
financetom
/
Business
/
DoorDash Beats Second-Quarter Estimates; Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
DoorDash Beats Second-Quarter Estimates; Shares Rise After Hours
Aug 6, 2025 2:18 PM

04:46 PM EDT, 08/06/2025 (MT Newswires) -- DoorDash ( DASH ) late Wednesday swung to higher-than-expected earnings in the second quarter as the food delivery company beat Wall Street's expectations for revenue.

The company reported earnings per share of $0.65, compared with a $0.38 loss a year earlier. The consensus on FactSet pointed to EPS of $0.44. Revenue advanced 25% to $3.28 billion, higher than the Street's $3.16 billion view.

DoorDash's ( DASH ) shares were up 4.3% in after-hours trading.

Marketplace gross order value -- the total value of all orders completed on its marketplaces, including taxes, tips and membership fees -- increased 23% annually to $24.24 billion, above expectations for $23.63 billion.

Orders grew 20% to 761 million, topping the market view for 750 million. The annual pace of order growth accelerated in the US, with "notable strength" in the restaurant category, the company said.

DoorDash ( DASH ) forecasts third-quarter marketplace gross order value at $24.2 billion to $24.7 billion, compared with market expectations of $23.83 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-HomesToLife Announces Acquisition Of HTL Marketing
BRIEF-HomesToLife Announces Acquisition Of HTL Marketing
May 26, 2025
May 5 (Reuters) - HomesToLife Ltd ( HTLM ): * HOMESTOLIFE LTD ANNOUNCES ACQUISITION OF HTL MARKETING PTE LTD, WITH 2024 SALES OF US$330 MILLION * HOMESTOLIFE LTD ( HTLM ) - TO ISSUE 75 MILLION SHARES FOR ACQUISITION * HOMESTOLIFE LTD ( HTLM ) - EXPECTS REVENUE TO REACH $250-$280 MILLION IN 2025 Source text: Further company coverage: ...
RBC Previews This Week's Trade, Jobs Data in Canada
RBC Previews This Week's Trade, Jobs Data in Canada
May 26, 2025
08:13 AM EDT, 05/05/2025 (MT Newswires) -- RBC said it expects Canada's trade balance to swing back to a surplus in March and the labor market shed more jobs in April as early signs of how the Canadian economy evolved with the onset of U.nited States tariffs. Canada will publish March international merchandise trade on Tuesday and April Labour Force...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
BRIEF-SKY Leasing Announces Acquisition Of JetBlue Ventures
BRIEF-SKY Leasing Announces Acquisition Of JetBlue Ventures
May 26, 2025
May 5 (Reuters) - SKY Leasing and JetBlue Airways ( JBLU ): * SKY LEASING ANNOUNCES ACQUISITION OF JETBLUE VENTURES * JETBLUE AIRWAYS CORP ( JBLU ) - TO REMAIN STRATEGIC PARTNER TO JETBLUE VENTURES * JETBLUE AIRWAYS CORP ( JBLU ) - TRANSACTION TERMS BETWEEN SKY AND JETBLUE NOT DISCLOSED Source text: ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved