DoorDash Stock Drops as Q1 Revenue Undershoots Analysts' Estimates
1. DoorDash's Q1 revenue of $3.03 billion missed analyst expectations. 2. Earnings per share at $0.44 exceeded estimates, showing profitability. 3. DoorDash announced acquisitions of Deliveroo and SevenRooms for $5.2 billion total. 4. Q2 Marketplace GOV forecast slightly below analyst expectations. 5. Shares dropped 8% after the revenue announcement, but up 12% year-to-date.