On-demand food delivery service DoorDash (NYSE:DASH) will be announcing earnings results this Wednesday after market hours. Here’s what to look for. DoorDash missed analysts’ revenue expectations by 2.1% last quarter, reporting revenues of $3.03 billion, up 20.7% year on year. It was a slower quarter for the company, with EBITDA guidance for next quarter missing analysts’ expectations and number of orders in line with analysts’ estimates. It reported 732 million service requests, up 18.1% year on year. Is DoorDash a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting DoorDash’s revenue to grow 20.3% year on year to $3.16 billion, slowing from the 23.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.07 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. DoorDash has missed Wall Street’s revenue estimates twice over the last two years. Looking at DoorDash’s peers in the consumer internet segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fiverr delivered year-on-year revenue growth of 14.8%, beating analysts’ expectations by 0.9%, and Shutterstock reported revenues up 21.3%, topping estimates by 7.5%. Fiverr traded down 11.7% following the results while Shutterstock’s stock price was unchanged. Read our full analysis of Fiverr’s results here and Shutterstock’s results here. Investors in the consumer internet segment have had steady hands going into earnings, with share prices up 1.5% on average over the last month. DoorDash is up 4.9% during the same time and is heading into earnings with an average analyst price target of $244.50 (compared to the current share price of $258.88).

DoorDash (DASH) Reports Q2: Everything You Need To Know Ahead Of Earnings

DoorDash (NYSE:DASH) is set to announce Q2 earnings results, with analysts expecting revenue growth of 20.3% year-on-year to $3.16 billion, slower than the 23.3% increase in the same quarter last year. The company missed revenue expectations by 2.1% in Q2 2024, reporting $3.03 billion in revenue, while peers like Fiverr and Shutterstock outperformed estimates.