CART Stock Recent News

Maplebear Inc. (NASDAQ:CART ) Q4 2024 Earnings Conference Call February 25, 2025 5:00 PM ET Company Participants Rebecca Yoshiyama - Vice President of Investor Relations, Capital Markets and Treasury Fidji Simo - Chief Executive Officer Emily Reuter - Chief Financial Officer Conference Call Participants Doug Anmuth - J.P. Morgan Eric Sheridan - Goldman Sachs Nikhil Devnani - Bernstein Ron Josey - Citi Ross Sandler - Barclays Jason Helfstein - Oppenheimer James Lee - Mizuho Securities USA Michael Morton - MoffettNathanson Brian Nowak - Morgan Stanley Miles Jakubiak - KeyBanc Shweta Khajuria - Wolfe Research Justin Post - Bank of America Steven Fox - Fox Advisors LLC Operator Good day, and thank you for standing by.

While the top- and bottom-line numbers for Maplebear (CART) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Maplebear (CART) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.44 per share a year ago.

Shares of Instacart fell after hours on Tuesday, after the grocery delivery app's forecast for its preferred measure of profit came in below expectations.

SAN FRANCISCO , Feb. 25, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its fourth quarter and full year ended December 31, 2024. These financial results are available within Instacart's fourth quarter 2024 Shareholder Letter, which can be found on the company's Investor Relations website at https://investors.instacart.com/.

Maplebear (CART), Instacart's parent company, reports earnings after the closing bell. Arun Sundaram talks about what the company needs to wheel in an earnings win.

Instacart CEO Fidji Simo told CNBC's Julia Boorstin that there is a need for both masculine and feminine energy in the workplace. There is considerable blowback right now against diversity efforts in the market, including from Simo's own former boss Mark Zuckerberg at Meta, where DEI programs have been scrapped and Zuckerberg has recently called for more “masculine energy” in the workplace.

CNBC's Julia Boorstin sits down with InstaCart CEO to discuss how AI will impact grocery shopping.

SAN FRANCISCO , Feb. 18, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Emily Reuter, CFO, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 4, 2025 at 7:45 a.m. Pacific Time.

Maplebear (CART) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.