GrubHub Reports Second Quarter Results
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GrubHub (GRUB) PT Raised to $50 at Oppenheimer
July 29, 2015 8:35 AM EDTOppenheimer analyst Jason Helfstein reiterated an Outperform rating and boosted his price target on GrubHub Inc. (NYSE: GRUB) to $50.00 (from $45.00) after the company reported better than expected 2Q results and raised FY guidance.
Helfstein added, "Moreover, mgmt talked about possible delivery partnerships... More
Brean Capital Reiterates Buy on GrubHub (GRUB) Following 2Q15
July 29, 2015 6:42 AM EDTBrean Capital reiterated a Buy rating and $50.00 price target on GrubHub Inc. (NYSE: GRUB) following 2Q15 earnings results. GRUB reported revenue of $88.0MM vs. the consensus of $85.3MM. Management said that its revenue performance reflected strength across all markets. Guidance for 3Q15 revenue is $85MM-$87MM vs. the consensus of... More
GrubHub (GRUB) Order Growth Slowed To About 25% in Q2, Cowen Highlights
July 28, 2015 9:50 AM EDTProviding his initial thoughts on GrubHub's (NYSE: GRUB) Q2 reports, Cowen analyst Kevin Kopelman noted that order growth was in line with our expectations, slowing to ~25% organic vs. +29% in Q1 and +33% in Q4.
Rev./EBITDA were above guidance as is... More
GrubHub (GRUB) Tops Q2 EPS by 4c; Active Diners Rose 42%
July 28, 2015 9:01 AM EDTGrubHub (NYSE: GRUB) reported Q2 EPS of $0.17, $0.04 better than the analyst estimate of $0.13. Revenue for the quarter came in at $88 million versus the consensus estimate of $85.32 million.
Second Quarter Key Business Metrics Highlights
Active Diners were 5.93 million, a 42% year-over-year increase... More