Equity Profile

CART

Maplebear Inc.

Consumer StaplesFood Retail$11.3B

Apr29Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Maplebear Inc. (CART) operates in the consumer staples sector, focusing on food retail....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

$0.58

Revenue Growth

Revenue growth signals the company's ability to expand its market share and attract more customers, crucial in the competitive food retail sector.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CART Q2-2026 Earnings Preview

Context

Company Snapshot

Maplebear Inc. (CART) operates in the consumer staples sector, focusing on food retail. As a significant player in this industry, it caters to the growing demand for convenient grocery shopping, especially in an era where consumer preferences are shifting towards online and delivery services.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+19.45%

Avg Stock Reaction

-0.16%

Last Quarter Recap

In Q1-2026, Maplebear reported an EPS of $0.57, slightly missing the consensus estimate of $0.58. The stock reacted negatively, dropping 8.18% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Maplebear's upcoming earnings, especially after a mixed performance in recent quarters. The focus will be on whether the company can return to a growth trajectory.

Bull Case

If Maplebear can exceed EPS expectations and show strong revenue growth, it may signal a recovery in consumer spending and increased market share, leading to a positive stock reaction.

Bear Case

Conversely, if the company reports disappointing earnings or guidance, it could raise concerns about its competitive position and consumer demand, resulting in a further decline in stock price.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.58

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Revenue Growth

N/A

Revenue growth signals the company's ability to expand its market share and attract more customers, crucial in the competitive food retail sector.

Same-Store Sales Growth

N/A

This metric reflects the performance of existing stores and indicates customer loyalty and demand.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will EPS exceed $0.58, and what does management say about future profitability?

A beat on EPS could indicate a turnaround in profitability, which is crucial for investor confidence.

What are the same-store sales figures, and how do they compare to previous quarters?

Same-store sales growth is vital for understanding customer retention and market demand, directly impacting future revenue.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Maplebear's potential for recovery, especially if it can leverage its online and delivery services effectively.

Supporting Evidence

Despite recent misses, the company has shown an ability to surprise positively in the past, with a 63% EPS beat rate.

Options pricing suggests a higher expected move than historical averages, indicating potential for significant stock movement.

The recent trends in consumer spending may favor companies like Maplebear that are adapting to new shopping habits.

Key Risk

If same-store sales growth exceeds expectations, it could significantly alter the market's perception of the company's recovery.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results are pivotal for assessing Maplebear's ability to navigate competitive pressures and consumer trends.

Bull Confirmed If

An EPS of $0.60 or higher would confirm a strong recovery in profitability.

Bear Confirmed If

An EPS below $0.55 would raise concerns about ongoing challenges in the market.

Pre-Earnings Positioning

Options Market

Implied Move

±2.62%

Historical Avg

±2.2%

Pricing rich

The options market is pricing in a move of about 2.62%, suggesting that investors expect some volatility around the earnings announcement.

Options are pricing ±2.6% while CART has averaged ±2.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

49.5%

Calls (18K)P/C Ratio: 1.11Puts (33K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Consumer Staples

n=30

Fade rate: 11 of 30 (37%)

This setup has occurred 30 times across Consumer Staples in the last 2 years. 19 of 30 (63%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 5.1%, with a raw directional average of +1.0% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Maplebear beats expectations, history suggests a potential stock increase of around 1.24%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss could lead to a decline of approximately 2.49%, reflecting ongoing concerns about the company's performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on online sales growth and its impact on overall revenue.
2Management's commentary on competitive pressures in the food retail sector.
3Insights into customer trends and preferences that may affect future sales.
4Details on cost management strategies and their effectiveness in improving margins.
5Any guidance on future earnings expectations and strategic initiatives.

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Company Snapshot

Maplebear Inc. (CART) operates in the consumer staples sector, focusing on food retail....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

$0.58

Revenue Growth

Revenue growth signals the company's ability to expand its market share and attract more customers, crucial in the competitive food retail sector.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CART Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+19.45%

Avg Stock Reaction

-0.16%

Last Quarter Recap

In Q1-2026, Maplebear reported an EPS of $0.57, slightly missing the consensus estimate of $0.58. The stock reacted negatively, dropping 8.18% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If Maplebear can exceed EPS expectations and show strong revenue growth, it may signal a recovery in consumer spending and increased market share, leading to a positive stock reaction.

Bear Case

Conversely, if the company reports disappointing earnings or guidance, it could raise concerns about its competitive position and consumer demand, resulting in a further decline in stock price.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.58

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Revenue Growth

N/A

Revenue growth signals the company's ability to expand its market share and attract more customers, crucial in the competitive food retail sector.

Same-Store Sales Growth

N/A

This metric reflects the performance of existing stores and indicates customer loyalty and demand.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will EPS exceed $0.58, and what does management say about future profitability?

A beat on EPS could indicate a turnaround in profitability, which is crucial for investor confidence.

What are the same-store sales figures, and how do they compare to previous quarters?

Same-store sales growth is vital for understanding customer retention and market demand, directly impacting future revenue.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Maplebear's potential for recovery, especially if it can leverage its online and delivery services effectively.

Supporting Evidence

Despite recent misses, the company has shown an ability to surprise positively in the past, with a 63% EPS beat rate.

Options pricing suggests a higher expected move than historical averages, indicating potential for significant stock movement.

The recent trends in consumer spending may favor companies like Maplebear that are adapting to new shopping habits.

Key Risk

If same-store sales growth exceeds expectations, it could significantly alter the market's perception of the company's recovery.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results are pivotal for assessing Maplebear's ability to navigate competitive pressures and consumer trends.

Bull Confirmed If

An EPS of $0.60 or higher would confirm a strong recovery in profitability.

Bear Confirmed If

An EPS below $0.55 would raise concerns about ongoing challenges in the market.

Pre-Earnings Positioning

Options Market

Implied Move

±2.62%

Historical Avg

±2.2%

Pricing rich

The options market is pricing in a move of about 2.62%, suggesting that investors expect some volatility around the earnings announcement.

Options are pricing ±2.6% while CART has averaged ±2.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

49.5%

Calls (18K)P/C Ratio: 1.11Puts (33K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Consumer Staples

n=30

Fade rate: 11 of 30 (37%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Maplebear beats expectations, history suggests a potential stock increase of around 1.24%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss could lead to a decline of approximately 2.49%, reflecting ongoing concerns about the company's performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on online sales growth and its impact on overall revenue.
2Management's commentary on competitive pressures in the food retail sector.
3Insights into customer trends and preferences that may affect future sales.
4Details on cost management strategies and their effectiveness in improving margins.
5Any guidance on future earnings expectations and strategic initiatives.