Uber slumps after earnings miss | LinkedIn

1 day ago  · Despite surpassing expectations on revenue, which grew 20% in its fourth quarter to $11.96 billion, Uber's operating income came in at $770 million, "well below" the estimated …


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Uber Slumps After Earnings Miss | LinkedIn

3 weeks from now

1 day ago  · Despite surpassing expectations on revenue, which grew 20% in its fourth quarter to $11.96 billion, Uber's operating income came in at $770 million, "well below" the estimated …

linkedin.com

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Uber Stock Falls As Operating-income Miss Overshadows Revenue …

3 weeks from now

1 day ago  · Uber shares fell 7% on Wednesday following a miss on profits in an otherwise strong set of annual results. The ridehailing company said operating profit in the fourth quarter was …

businessinsider.com

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Why Uber Stock Is Falling After Earnings | Kiplinger

3 weeks from now

1 day ago  · Uber's fourth-quarter results beat analysts' expectations. Wall Street was anticipating revenue of $11.8 billion, gross bookings of $43.5 billion and earnings of 50 cents per share, …

kiplinger.com

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Uber Stock Is Down Despite Reporting 'Strongest Quarter Ever

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1 day ago  · What Happened: Uber reported fourth-quarter revenue of $12 billion, beating estimates of $11.77 billion, but adjusted earnings per share of 23 cents fell short of estimates …

benzinga.com

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Uber Stock Slumps $12 Billion On Earnings Miss - Forbes

3 weeks from now

May 8, 2024  · The stock losses, which wiped out a cool $12 billion in market value for Uber, came after Uber announced Wednesday it took a $0.32 loss per share during the first quarter, far …

forbes.com

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Uber's Losses Raise Questions - LinkedIn

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May 8, 2024  · Uber shares took a hit in premarket trading, plunging over 7% following a disappointing Q1 earnings report. The ride-sharing giant posted a loss of $0.32 per share, …

linkedin.com

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Uber Drops After Its Bookings Results And Forecast Fail To Impress

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Oct 31, 2024  · Uber took a hit Thursday after the ride-hailing and delivery company reported mixed third-quarter results. The company reported gross bookings of $41 billion in the quarter, …

businessinsider.com

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Uber Stock Tumbles On Gross Bookings Miss; Company Still 'well ...

3 weeks from now

Oct 31, 2024  · Uber stock tanked on Thursday after the ride-hailing giant missed on the all-important gross bookings metric.For the third quarter, Uber reported revenue of $11.2 billion, …

yahoo.com

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Uber Logs An Earnings Beat - But Misses On A Closely ... - Morningstar

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Oct 31, 2024  · Uber said adjusted Ebitda amounted to 4.1% of gross bookings, up from 3.1% a year prior. The company's fourth-quarter outlook on the metric is for $1.78 billion to $1.88 …

morningstar.com

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Uber Stock Slumps Despite First Quarterly Operating Profit Ever

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Aug 1, 2023  · Uber stock slumps despite first quarterly operating profit ever. Phil Rosen. 2023-08-01T18:05:28Z ... GAAP earnings per share: $0.18, above the expected loss of $0.01 per share;

businessinsider.com

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Uber Earnings Miss, But Rides Rise - LinkedIn

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Nov 7, 2023  · Uber posted its second-ever operating profit after expanding its rides and food delivery businesses in Q3. As of today, the stock had risen 95% in 2023. 📈 As of today, the …

linkedin.com

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Uber Shares Fall On Earnings Miss Amid Rising Legal Expenses - MSN

3 weeks from now

Gross bookings, which includes ride hails, delivery orders and driver and merchant earnings but not tips, grew 18% to $44.2 billion in the last three months of 2024, Uber said in a statement on ...

msn.com

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Uber Earnings Miss Sends Stock Spiraling - Kiplinger

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May 8, 2024  · In the three months ended March 31, Uber's revenue increased 14.8% year-over-year to $10.1 billion, driven by a 19.9% rise in gross bookings to $37.7 billion.Its net loss …

kiplinger.com

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Stock Market Today: Stocks Waver As Big Tech Slumps On …

3 weeks from now

1 day ago  · Elsewhere in earnings news, Uber Technologies declined 7.6% after the ride-hailing company beat top- and bottom-line expectations for its fourth quarter but issued a weaker-than …

kiplinger.com

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Here’s Why Uber Stock Is Crashing - Finbold

3 weeks from now

Dec 12, 2024  · After Tesla (NASDAQ: TSLA) held its disappointing ‘Robotaxi day’ event on October 10, Uber shares reached an all-time high of $86.34.However, a vast majority of those …

finbold.com

FAQs about Uber slumps after earnings miss | LinkedIn Coupon?

Why did Uber share prices fall 7%?

Uber shares fell 7% on Wednesday following a miss on profits in an otherwise strong set of annual results. The ridehailing company said operating profit in the fourth quarter was $770 million, up 18% but well below forecasts of $1.2 billion. The result was hit by an undisclosed $462 million legal settlement reserve that it did not elaborate on. ...

Did Uber beat expectations on profit & revenue in Q3?

Photo: Josh Edelson/Agence France-Presse/Getty Images Uber Technologies Inc. beat expectations on profit and revenue for the latest quarter — but missed on a metric closely watched in the industry. The ride-hailing company posted third-quarter gross bookings of $41.0 billion, up 16% from a year before. ...

Why did Uber post a $721 million pre-tax headwind?

It posted a $721 million pre-tax headwind related to "net unrealized losses related to the revaluation of Uber’s equity investments," the company said. In the first quarter of 2023, Uber reported revenue of $8.82 billion on $31.4 billion in gross bookings, with a net loss of $157 million, or 8 cents per share. ...

Why did Uber stock fall sharply in premarket trading?

Uber stock fell sharply in premarket trading Wednesday following the release of first-quarter results. Revenue met estimates while gross bookings fell short, and $721 million in charges related to revaluations of Uber's investments led the company to report a surprising net loss for the quarter. ...

What happened to Uber shares after the report was released?

Uber shares fell as much as 9% in the minutes after the report's release, and recovered slightly to be down about 6% to $66.30 about 90 minutes before the opening bell. Correction—May 8, 2024: This article has been updated to correct that Uber did not swing to a loss. ...

How much money will Uber make in a quarter?

The company expects $38.75 billion to $40.25 billion in gross bookings for the current quarter, along with $1.45 billion to $1.53 billion in adjusted earnings before interest, taxes, depreciation and amortization. Analysts were modeling $40.00 billion and $1.49 billion, respectively. Uber... Master your money. ...

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