Airbnb, DoorDash set to report first results with COVID waning
Katrina Lewis and Brody Ford, Bloomberg News
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(Bloomberg) Airbnb Inc. and DoorDash Inc. are set to report their first financial results as publicly traded companies Thursday, offering investors a glimpse of how their businesses fared during the last quarter of 2020 when COVID-19 cases were surging again.
While the fourth-quarter numbers will be important for investors to gauge how the two are managing their operations, what theyâll really be looking for are comments about the future, when coronavirus lockdowns ease, vaccines become more widespread and people begin traveling and going to restaurants again. Airbnb is expected to benefit from the waning days of the pandemic as people venture further from home while DoorDash has seen a boom from more delivery orders while people ordered in.
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