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StockNews.com
StockNews.com
Business
Aanchal Sugandh

DoorDash (DASH): Pre-Earnings Strategies

Dash Aldi BBY DoorDash Inc

Local commerce platform DoorDash, Inc. (DASH) is set to unveil its fiscal 2023 fourth-quarter earnings on February 15. Analysts anticipate a revenue surge of 23.8% year-over-year, projecting it to reach $2.25 billion. Additionally, the company's EPS for the quarter is forecasted to be $0.55.

In the third quarter, DASH exceeded sales and earnings projections, attributing its success to an expanding array of stores and enhanced service, attracting customers domestically and internationally. Total orders surged by 24% to 543 million, surpassing Wall Street's forecast of 521 million, as reported by FactSet analysts.

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