Delivery Hero (DLVHF) Projected to Post Quarterly Earnings on Thursday

Delivery Hero (OTCMKTS:DLVHF) is anticipated to issue its resultson Thursday, March 26th. Analysts expect the company to announce earnings of ($1.2802) per share and revenue of $8.5786 billion for the quarter.

Delivery Hero Price Performance

Shares of DLVHF opened at $17.48 on Wednesday. Delivery Hero has a 12-month low of $17.48 and a 12-month high of $32.91. The firm has a 50-day moving average price of $25.58 and a 200 day moving average price of $25.61.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on DLVHF. Citigroup upgraded shares of Delivery Hero from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 3rd. Cantor Fitzgerald upgraded shares of Delivery Hero to a “neutral” rating in a report on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Delivery Hero in a research report on Thursday, February 5th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Delivery Hero presently has an average rating of “Moderate Buy”.

About Delivery Hero

Delivery Hero SE is a global online food‐ordering and delivery platform that connects consumers, restaurants and couriers through its digital marketplace. The company’s core business revolves around providing a seamless, on‐demand food delivery experience via mobile apps and websites. Beyond traditional restaurant delivery, Delivery Hero also operates a network of cloud kitchens—known as “dark kitchens”—to meet growing consumer demand for a broader variety of cuisines and faster fulfilment times.

Founded in 2011 and headquartered in Berlin, Germany, Delivery Hero has grown through a combination of organic expansion and strategic acquisitions.