IPO Stock Watch: GrubHub Serves Up Tasty Q3 Earnings

By | October 23, 2014

Scalper1 News

GrubHub served up tasty third-quarter earnings Thursday, sending its stock higher. The online provider of restaurant food orders reported revenue of $61.9 million, up 51% from the year-earlier quarter and above the consensus estimate of $57.4 million, as polled by Thomson Reuters. Earnings per share minus items came in at 8 cents, beating the consensus estimate of 6 cents and up from 3 cents a year ago. GrubHub (GRUB) stock rose to 82.81 initially Scalper1 News

Scalper1 News