Previous close | 30.79 |
Open | 30.00 |
Bid | 25.86 x 0 |
Ask | 25.98 x 0 |
Day's range | 24.70 - 30.08 |
52-week range | 14.92 - 43.96 |
Volume | |
Avg. volume | 1,434,046 |
Market cap | 6.837B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -8.50 |
Earnings date | 25 Apr 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 44.60 |
German online takeaway food company Delivery Hero on Thursday raised its revenue guidance for the year, after reporting better-than-expected growth in the first quarter, on rising orders and advertising revenue. The outlook may reassure investors who have worried that food delivery companies have struggled to retain customers in an overcrowded market after the boom during the pandemic when people treated themselves during lockdowns.
(Reuters) -German online food takeaway company Delivery Hero raised its revenue guidance for the year on Thursday on the back of rising orders and earnings from advertising in the first quarter, sending its shares up as much as 11% on Thursday. Revenues from advertising by consumer goods companies and restaurants on its platforms, as well as service fees and subscriptions, were better than initially expected, Chief Financial Officer Emmanuel Thomassin said in an interview. Quarterly total segment revenue increased 21% to 3.02 billion euros ($3.23 billion) in constant currency and 17% in reported currency to 2.95 billion compared to 2.81 billion estimated by analysts in a company-provided poll.
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