Instacart (Maplebear) Sees Q3 Gross Transaction Value Of $8.10B-$8.25B; Projects Q3 Adjusted EBITDA Of $205M-$215M, Estimated At $202.7M
Portfolio Pulse from Benzinga Newsdesk
Instacart (Maplebear) projects Q3 Gross Transaction Value of $8.10B-$8.25B and Q3 Adjusted EBITDA of $205M-$215M, surpassing the estimated $202.7M.
August 06, 2024 | 8:36 pm
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Instacart (Maplebear) projects Q3 Gross Transaction Value of $8.10B-$8.25B and Q3 Adjusted EBITDA of $205M-$215M, surpassing the estimated $202.7M.
Instacart's projected Q3 Gross Transaction Value and Adjusted EBITDA both exceed market estimates, indicating strong financial performance. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100