Why Uber Stock Is Falling After Earnings | Kiplinger

1 day ago  · However, sentiment turned negative toward Uber stock when it provided its outlook. For the first quarter, Uber said it expects to achieve gross bookings in the range of $42 billion …


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Why Uber Stock Is Falling After Earnings | Kiplinger

3 weeks from now

1 day ago  · However, sentiment turned negative toward Uber stock when it provided its outlook. For the first quarter, Uber said it expects to achieve gross bookings in the range of $42 billion …

kiplinger.com

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Uber Stock Falls After Earnings. Gross Bookings Outlook …

3 weeks from now

Shares of Uber tumbled 4.9% to $66.35 in premarket trading. For the current quarter, the company said it anticipates gross bookings to grow 17% to 21% from the prior year, translating …

msn.com

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Uber Stock Falls Despite Strong Q4 Growth. Bookings Outlook, …

3 weeks from now

2 days ago  · Further, Uber's outlook for the current quarter missed expectations. Uber guided for gross bookings of $42.75 billion at the midpoint of its range. That was below analyst …

investors.com

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Uber Shares Fall On Weak First-Quarter Gross Bookings Guidance

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1 day ago  · Gross bookings, which includes ride hails, delivery orders and driver and merchant earnings but not tips, will be $42 billion to $43.5 billion for the first quarter, Uber said in a …

yahoo.com

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Uber's Stock Falls In The Face Of Its 'strongest Quarter Ever.' Here's ...

3 weeks from now

1 day ago  · The company's outlook for this quarter's gross bookings, though, trailed expectations at the midpoint. Uber models $42.0 billion to $43.5 billion on the metric, whereas analysts had …

morningstar.com

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Uber Stock Falls As Operating-income Miss Overshadows Revenue …

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1 day ago  · Uber's fourth-quarter operating profit rose 18% to $770 million but fell well short of the $1.2 billion forecast by analysts, hitting shares. ... Gross bookings in the first quarter are …

businessinsider.com

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Uber Stock Sinks As Operating Income Falls Well Short Of Estimates

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1 day ago  · Uber last quarter had guided Q4 gross bookings of $42.75 billion to $44.25 billion and year-over-year trips growth "similar compared to Q3," when they increased 17% to 2.9 billion.

investopedia.com

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Uber Stock Is Down Despite Reporting 'Strongest Quarter Ever

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1 day ago  · Looking ahead, Uber guided for first-quarter gross bookings of $42 billion to $43.5 billion, held in check by an estimated 5.5% headwind to year-over-year growth due to a strong …

benzinga.com

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Uber’s Stock Falls In The Face Of Its ‘strongest Quarter Ever.’ Here’s ...

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1 day ago  · But that didn’t seem enough to help Uber’s stock Wednesday, and the ride-hailing giant fell short because of a portion of its outlook. Shares of Uber UBER fell 7.6% on Wednesday.

marketwatch.com

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Uber Stock Stumbles As Soft Guidance Eclipses Q4 Beat, But Retail ...

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1 day ago  · The company’s gross bookings grew 18% YoY to $44.2 billion compared to an analyst estimate of $43.49 billion. Adjusted earnings before interest, tax, depreciation, and …

stocktwits.com

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Uber Shares Weighed Down By Bookings Outlook, FX Headwinds

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In Q4, Uber (NYSE:UBER) increased gross bookings by 18% from a year ago to $44.2B with mobility gross bookings and delivery gross bookings both up 18%, year-over-year, …

seekingalpha.com

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Uber Stock Falls Despite Strong Q4 Growth. Bookings Guide

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Uber guided for gross bookings of $42.75 billion at the midpoint of its range. That was below analyst expectations of $43.49 billion. ... Uber stock fell 2% in 2024 after rallying nearly 150% …

msn.com

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

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Oct 31, 2024  · Uber said it projects Q4 gross bookings coming in at $42.75 billion to $44.25 billion, which would be a 16% to 20% year-over-year growth rate on a constant currency basis. …

yahoo.com

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Uber Q4 Earnings: Revenue Beat, Growth In Rides, Delivery And ...

3 weeks from now

1 day ago  · Outlook: Uber expects fiscal first-quarter 2025 gross bookings of $42.0 billion—$43.5 billion and adjusted EBITDA of $1.79 billion—$1.89 billion. Price Action: UBER stock is down …

yahoo.com

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Uber Stock Gets Slew Of Price Target Cuts From Analysts Post Q4 …

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For the first quarter of 2025, Uber expects gross bookings of $42.0 billion to $43.5 billion, with the firm’s outlook assuming a roughly 5.5 percentage point currency headwind.

msn.com

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Uber Stock Stumbles After Dismal Bookings Figures

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Oct 31, 2024  · The ride-sharing company's third-quarter earnings per share of $1.20 and $11.19 billion in revenue trounced analysts' estimates, but the reported $40.97 billion in gross …

schaeffersresearch.com

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Uber Faced High Expectations Into Earnings, But It Cleared The Hurdle

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Uber’s UBER fourth-quarter revenue rose to $9.9 billion from $8.6 billion, while the FactSet consensus was for $9.8 billion. The company logged a 22% rise in gross bookings to reach …

marketwatch.com

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Uber Falls On Weak 1Q Bookings Outlook - MarketScreener.com

3 weeks from now

1 day ago  · Uber Issues Soft Gross Bookings Outlook Despite Fourth-Quarter Beat 10:37am: MT LYFT DOWN 5.2% AFTER UBER'S Q4 RESULTS… 09:31am: RE UBER TECHNOLOGIES …

marketscreener.com

FAQs about Why Uber Stock Is Falling After Earnings | Kiplinger Coupon?

Why did Uber (Uber) stock fall out of the gate?

Uber Technologies (UBER) stock fell out of the gate Wednesday after the ride-hailing company beat top- and bottom-line expectations for its fourth quarter but issued a weaker-than-expected gross bookings outlook for its first quarter. ...

Did Uber's fourth-quarter results beat analysts' expectations?

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, according to CNBC. However, sentiment turned negative toward Uber stock when it provided its outlook. ...

How did Uber benefit from a tax valuation release?

While net income jumped to $6.9 billion in the fourth quarter, Uber said this included a $6.4 billion benefit from a tax valuation release and a $556 million benefit due to net unrealized gains related to the revaluation of its equity investments. ...

How much money will Uber make in the first quarter?

For the first quarter, Uber said it expects to achieve gross bookings in the range of $42 billion to $43.5 billion, representing growth of 17% to 21% from the year-ago period. The midpoint of this range, $42.75 billion, came up short of the $43.5 billion in gross bookings Wall Street is calling for. ...

Should you buy Uber (Uber) stock?

Yet, Wall Street is keeping the faith on the industrial stock. According to S&P Global Market Intelligence, the average analyst target price for UBER stock is $88.63, representing implied upside of nearly 30% to current levels. Additionally, the consensus recommendation is a Buy. ...

How much did Uber make in 2023?

Uber posted a second annual profit with adjusted EBITDA of almost $6.5 billion, up from about $4 billion in 2023. Gross bookings in the first quarter are expected to rise between 17% and 21% year-on-year to between $42 billion and $43.5 billion. Analysts had expected $43.5 billion, per Visible Alpha data reported by The Financial Times. ...

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