DoorDash Q1 Earnings Preview: Here's What You Need to Know

DoorDash (NYSE: DASH) is coming off a strong year in 2020. Folks who were hesitant to leave their homes while a deadly pandemic was in full swing chose to order food for delivery more often. As a result, activity on DoorDash's platform surged. 

The last-mile delivery service company is set to report first-quarter earnings on Thursday, May 13. This will be only DoorDash's second earnings release since the company went public in early December 2020.

What will be front and center in investors' minds is how consumer ordering behavior is changing as the pandemic wanes. Restrictions are easing on restaurants in nearly all states in the U.S., allowing more people to dine in. So when DoorDash reports earnings, investors interested in the stock will want to know how the marketplace gross order value (MGOV) fared this past quarter.

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Source Fool.com