Moriarty schreef op 12 januari 2024 21:45:
Proactive Investors - Citigroup (NYSE:C) has updated its European food delivery forecasts to reflect recent app and web data from its innovation lab, which suggest Just Eat Takeaway (LON:JETJ) could have the edge over rivals this results season.
Just Eat is expected to unveil its results for the fourth quarter on 17 January, and Deliveroo is due to publish its results two days later on 19 January.
Citi analysts said their estimates of Just Eat's gross merchandise value (GMV) are 'in-line' with general forecasts for the quarter, suggesting “more constructive” optimism for the delivery company's UK and Ireland business, but caution around activities in North America, Europe and Australasia.
Just Eat is expected to deliver more gross transaction value (GTV) in the UK and Ireland, quarter over quarter, than food delivery rival Deliveroo, according to Citi analysts.
The bank's analysts forecast that Deliveroo's merchandise sales will be below consensus by about 1%, and they anticipate modestly 'weaker growth’ internationally than the market is predicting.