GrubHub Stock: Service Delivers ‘Triple Play’ on Earnings Report

by Options Sensei | 10/31/2018, 00:46

Source: Shutterstock.com/g/BestStockPhotos1

GrubHub (GRUB) is a food delivery service that also operates under the Seamless and Eat24 platforms currently servicing over 80,000 restaurants.

Last week, the company delivered a triple play of an earnings report, beating both the top and bottom line, and boosting guidance. Revenue grew by 53% to a record $286 million in the quarter.

Despite this top-notch report, the stock…

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