Maplebear Inc. reports results for the quarter ended June 30 - Earnings Summary
Maplebear Inc. reports results for the quarter ended June 30 - Earnings Summary
Maplebear Inc. CART.OQ reported quarterly adjusted earnings of 45 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of twenty five analysts for the quarter was for earnings of 54 cents per share. Wall Street expected results to range from 40 cents to 70 cents per share.
Revenue rose 14.1% to $1.04 billion from a year ago; analysts expected $1.03 billion.
Maplebear Inc.'s reported EPS for the quarter was 45 cents.
The company reported quarterly net income of $111 million.
Maplebear Inc. shares had fallen by 4.2% this quarter and gained 0.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.3% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 13 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for Maplebear Inc. is $51.00, about 11.1% above its last closing price of $45.35
This summary was machine generated from LSEG data August 6 at 09:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.54 | 0.45 | Missed |
Mar. 31 2026 | 0.60 | 0.57 | Missed |
Dec. 31 2025 | 0.52 | 0.30 | Missed |
Sep. 30 2025 | 0.49 | 0.51 | Beat |
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