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Barchart
Barchart
Kritika Sarmah

Earnings Preview: What to Expect From DoorDash's Report

Dash DoorDash

With a market cap of $76.1 billion, DoorDash, Inc. (DASH) is a San Francisco-based technology company and the leading food delivery platform in the U.S., holding a dominant market share. Founded in 2013, the company connects consumers with restaurants, grocery stores, and retailers through its DoorDash and Wolt marketplaces. In addition to on-demand delivery, DoorDash offers white-label logistics solutions via DoorDash Drive and subscription services like DashPass.

DASH is set to report its Q1 earnings on Wednesday, May 7, after the market closes. Ahead of the event, analysts expect DASH to report an EPS of $0.38 per share, up 733.3% from a loss of $0.06 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in two of the past four quarters, while missing on other two occasions. Its EPS of $0.33 in the recent quarter failed to surpass the analysts’ expectations by 2.9%.

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