🛒 Instacart (CART): The EPS Miss That Didn’t Matter

Summary

In this episode Edward Corona examines Instacart’s (CART) recent earnings report, highlighting that while the company missed GAAP EPS expectations, its stock surged over 9%. He explains that the market focused on underlying growth metrics—especially rising customer spend—and ignored the headline miss. Corona argues that the EPS miss was a technicality, and the real story is the company’s expanding revenue base and improving unit economics, suggesting potential upside for investors.