DoorDash stocks stand on profits, earnings beat

DoorDash stocks climbed about 5% in prolonged buying and selling on Wednesday nearest the meals supply corporate reported better-than-expected profits and earnings for the second one quarter.

Right here’s how the corporate did in comparison to analyst estimates in line with LSEG’s consensus:

• Profits in line with percentage: 65 cents vs. 44 cents anticipated
• Income: $3.28 billion vs. $3.16 billion anticipated

Income jumped 25% from $2.63 billion a time previous, DoorDash stated in a press release. The corporate reported internet source of revenue of $285 million, or 65 cents a percentage, nearest recording a lack of $157 million, or 38 cents in line with percentage, in the similar length a time in the past.

Orders greater 20% from a time previous to 761 million. Rude form worth (GOV) rose 23% to $24.2 billion.

DoorDash stocks have soared 54% this time as of Wednesday’s akin, lifting the corporate’s marketplace cap to $109 billion. The Nasdaq is up nearly 10% in 2025.