Waitr Holdings Stock: Fourth Quarter Earnings Report and Expectations Ahead
Waitr Holdings Inc. (NASDAQ: WTRH) is a platform for the online food order and delivery service which operates over and connects the local restaurants and the customers in the southeast region of the United States. The foundation of this company was laid in the year 2009 and it currently has its headquarters located in Lake Charles, Louisiana, United States. Lately, the company revealed its fourth-quarter earnings report and it fell short of the expectations of the analysts and eventually led the stock to go down for some time. In consideration of this, let us analyze that whether Waitr Holdings is a good company to invest in or not? Waitr Holdings Inc. (NASDAQ: WTRH): 2020 Final Quarter Earnings Report The revenues of the company came out to be $46.8 million which was an increase of 8.6% on a year-over-year basis but the company failed to match the estimated mark of $51.1 million while the earnings were 2 cents per share which were lesser than that estimated (4 cents per share) and also on a year-over-year basis, the company has encountered a loss of 28 cents in the case of earnings. This led the stock to go down. During the pre-market session on Tuesday, the shares of Waitr Holdings fell by as much as 14.5%. Waitr Holdings Inc. (NASDAQ: WTRH): 52 Week Range: $0.8120 - $5.8500 Average Volume: 3,668,963 Market Capital: $318.213B Forward Dividend and Yield: N/A (N/A) Waitr Holdings Stock: What lies ahead? This earnings report of the fourth…