JPM earnings

GrubHub Inc. (NYSE:GRUB) is projected to declare fiscal fourth quarter financial results right before the stock market’s official open on February 09, 2017. The stock lost about -16.3 percent in price since last results when it was at $43.39 a share. Based on the most relevant past-periods data, there is an 54.55 percent probability for this firm’s share price to go up following next quarterly results. Earnings reaction history tells us that the equity price moved up 6 times out of last 11 reported quarters. It has beaten earnings-per-share estimates 72% of the time in its last 12 earnings reports. It fell short of earnings estimates on 2 occasions, and it has met expectations 1 time.

Here’s how traders responded to GRUB earnings announcements over the past few quarters.

GrubHub Inc. (GRUB) Earnings Surprises & Reaction

Given its history, the average earnings announcement surprise was 26.01 percent over the past four quarters. Back on October 26, 2016, it posted earnings per-share earnings at $0.19 which beat the consensus $0.15 projection (positive surprise of26.67%. For the quarter, revenue came in at 123.46M versus consensus estimate of 118.46M. The stock dropped -12.7 percent the session following the earnings reports were released, and on 7th day price change was -13.9 percent.

On July 28, 2016, it reported earnings at $0.19 a share compared with the consensus estimate of $0.14 per share (positive surprise of 35.71%). Revenue of 120.17M for that quarter was above the $114.18M analysts had expected. The stock climbed 24.11% the day following the earnings announcement, and on 7th day price change was 25.31%.

On May 3, 2016, it recorded $0.16 a share in earnings which missed the consensus estimate of $0.16 (negative surprise of 0%). Revenue for the quarter was $112.24M while analysts called for revenues to be $111.33M. The stock dropped -7.12% the day following the earnings data was made public, and on 7th day price change was -8.21%.

On February 4, 2016, it announced earnings per share at $0.17 versus the consensus estimate of $0.12 per share (positive surprise of 41.67%). That came on revenues of $99.96M for that period. Analysts had expected $99.41M in revenue.

GrubHub Inc. Earnings Estimates

As Q4 earnings announcement date approaches, Wall Street is expecting earnings per share of $0.27. The analysts’ present consensus range is $0.22-$0.32 for EPS. The market consensus range for revenue is between $142.2M and $155.26M, with an average of $149.7M.

GrubHub Inc. (NYSE:GRUB) last ended at $36.83, sending the company’s market cap near $3.15B. The consensus 12-month price target from analysts covering the stock is $43.61. The share price has declined -17.38% from its top level in 52 weeks and advanced -2.1% this year. It recently traded in a range of $35.9-$36.98 at a volume of 2228250 shares. The recent trading ended with the price nearly -0.62 lower for the last 5 trading days, rebounding 107.26% from its 52-week low.