Delivery Hero (DLVHF) to Release Quarterly Earnings on Wednesday

Delivery Hero (OTCMKTS:DLVHF) is expected to issue its results before the market opens on Wednesday, April 22nd. Analysts expect the company to announce earnings of ($2.4460) per share and revenue of $4.3171 billion for the quarter.

Delivery Hero Trading Up 11.7%

OTCMKTS DLVHF opened at $21.23 on Wednesday. The firm’s 50 day simple moving average is $22.71 and its 200 day simple moving average is $24.36. Delivery Hero has a 1 year low of $17.48 and a 1 year high of $32.91.

Analyst Upgrades and Downgrades

DLVHF has been the topic of several analyst reports. Citigroup upgraded shares of Delivery Hero from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Delivery Hero in a research report on Thursday, February 5th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock 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.