GrubHub results, forecast miss estimates, shares tank

GrubHub results, forecast miss estimates, shares tank

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-grubhub-results/grubhub-results-forecast-miss-estimates-shares-tank-idUSKCN1PW1NK

GrubHub Inc reported lower-than-expected quarterly results on Thursday and forecast adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for the full year below Wall Street estimates, sending its shares down 21 percent to a two-year low.