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Instacart Swings to Q3 Profit, Revenue Increases
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Instacart Swings to Q3 Profit, Revenue Increases
Nov 12, 2024 10:15 PM

04:50 PM EST, 11/12/2024 (MT Newswires) -- Instacart (CART) reported Q3 earnings Tuesday of $0.42 per diluted share, compared with the loss of $20.86 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.21 per share.

Revenue in the three months ended Sept. 30 rose to $852 million from $764 million a year earlier.

Analysts surveyed by Capital IQ expected $843.4 million.

Price: 46.65, Change: -1.69, Percent Change: -3.50

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