-=GrubHub (GRUB) reported earnings on Thur 7 Feb 2019 (b/o)

GrubHub misses by $0.09, reports miss on revs; guides Q1 and FY19 revs in-line but EBITDA guidance for Q1 and FY19 below consensus

• Reports Q4 (Dec) earnings of $0.19 per share, excluding non-recurring items, $0.09 worse than the S&P Capital IQ Consensus of $0.28; revenues rose 40.3% year/year to $287.72 mln vs the $290.43 mln S&P Capital IQ Consensus.
  • Q4 adjusted EBITDA was $42.1 mln vs prior guidance of $40-50 mln and consensus of $47.2 mln.
• Co issues in-line guidance for Q1, sees Q1 revs of $310-330 mln vs. $318.88 mln S&P Capital IQ Consensus. Guides to adjusted EBITDA of $40-50 mln vs consensus of $67.8 mln.
• Co issues in-line guidance for FY19, sees FY19 revs of $1.315-1.415 bln vs. $1.34 bln S&P Capital IQ Consensus. Guides to adjusted EBITDA of $235-265 mln vs consensus of $305 mln.