Categories: India

BRIEF-Instacart Expects Q4 GTV $9.45 Bln to $9.60 Bln Versus IBES Estimate $9.45 Bln

Nov 10 (Reuters) – Instacart: * INSTACART Q3 REVENUE $939 MILLION VERSUS IBES ESTIMATE $934.0 MILLION * INSTACART Q3 EPS $0.51 VERSUS IBES ESTIMATE $0.49 * INSTACART OUTLOOK Q4 ADJUSTED EBITDA $285 MILLION – $295 MILLION VERSUS IBES ESTIMATE $285.2 MILLION * INSTACART Q3 GROSS TRANSACTION VALUE (GTV) OF $9.17 BILLION VERSUS IBES ESTIMATE $9.09 BILLION * INSTACART OUTLOOK Q4 GTV OF $9.45 BILLION – $9.60 BILLION VERSUS IBES ESTIMATE $9.45 BILLION * INSTACART: AUTHORIZED A $1.5 BILLION INCREASE TO SHARE REPURCHASE PROGRAM AND PLAN TO ENTER INTO A $250 MILLION ASR PROGRAM Source text: Further company coverage:

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