|Bid||72.97 x 800|
|Ask||72.99 x 1000|
|Day's Range||72.31 - 73.45|
|52 Week Range||29.35 - 73.45|
|Beta (5Y Monthly)||1.23|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct. 26, 2020 - Oct. 30, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||63.10|
Grubhub's (GRUB) second-quarter 2020 results reflect growth in gross food sales and a solidified diner base amid the coronavirus chaos. However, higher costs and expenses hurt profitability.
Grubhub (NYSE: GRUB) devoured analyst expectations by posting a 41% jump in pandemic-fueled second-quarter revenue that pushed key business metrics to large gains. Yet it was still a money-losing operation, notching adjusted net losses of $16 million, or $0.
GrubHub (GRUB) delivered earnings and revenue surprises of 5.56% and 15.35%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?