Grubhub (GRUB, $72.56) misses Q2 earnings expectations, but beats revenue forecasts
Grubhub shares slumped on Tuesday, after the online food ordering & delivery company reported adjusted second-quarter earnings that missed analysts' estimates.
The company’s earnings came in at 1 cent a share in the second quarter, down -96% from 33 cents a share in the year-earlier quarter. Consensus estimates among analysts surveyed by FactSet was 6 cents a share.
Grubhub reported adjusted net income of 27 cents a share, also lower than the 30 cents expected by analysts. Adjusted earnings per share was 50 cents a year earlier.
Total costs and expenses rose +55.3% to $318.9 million.
However, the company’s revenue for the quarter surged +36% to $325.1 million, beating analysts’ estimate of $318.2 million.
Grubhub said that active users of its website increased +30% to 20.3 million, and daily average orders went up +16% to almost 489,000.
Looking ahead, the company expects revenue of $320 million to $340 million for the third quarter, compared to FactSet's consensus expectation of $331.7 million.
JTKWY in upward trend: price may jump up because it broke its lower Bollinger Band on May 13, 2026
JTKWY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 47 cases where JTKWY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for JTKWY just turned positive on May 22, 2026. Looking at past instances where JTKWY's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where JTKWY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on May 21, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on JTKWY as a result. In of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
JTKWY moved below its 50-day moving average on May 21, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where JTKWY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Provides online and mobile food ordering services
Industry InternetRetail
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