Delivery Hero (DLVHF) Expected to Announce Earnings on Thursday

Delivery Hero (OTCMKTS:DLVHF) is expected to be issuing 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 Stock Performance

Shares of OTCMKTS DLVHF opened at $19.70 on Thursday. The firm’s 50-day simple moving average is $26.34 and its 200 day simple moving average is $25.90. Delivery Hero has a fifty-two week low of $19.25 and a fifty-two week high of $32.91.

Analyst Ratings Changes

DLVHF has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Delivery Hero in a research note on Thursday, February 5th. Cantor Fitzgerald upgraded shares of Delivery Hero to a “neutral” rating in a report on Thursday, December 11th. Finally, Citigroup upgraded shares of Delivery Hero from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Three 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, the company has a consensus 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.