Sign reading We Deliver With Doordash, referencing the Doordash food delivery service, San Ramon, California, September 12, 2020.
Smith Collection/Gado | Archive Photos | Getty Images
DoorDash on Thursday reported a wider-than-expected quarterly loss, blaming a short-term shortage of delivery drivers as consumer demand outstripped its forecast.
But the company raised its forecast, cheering up investors. The stock rose more than 6% in extended trading after hitting an all-time low earlier on Thursday. DoorDash shares began publicly trading in December.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Loss per share: 34…