Uber stock falls as operating-income miss overshadows revenue …

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.


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Uber Stock Falls As Operating-income Miss Overshadows Revenue …

3 weeks from now

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.

businessinsider.com

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Uber Stock Falls After Earnings. Gross Bookings Outlook …

3 weeks from now

The ride-hailing platform also reported operating income of $770 million, which sharply missed analysts’ calls for $1.15 billion. Shares of Uber tumbled 4.9% to $66.35 in premarket trading.

msn.com

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Uber Shares Plunge 11% As Slowing Bookings Growth Spooks …

3 weeks from now

Oct 31, 2024  · Net income attributable to Uber stood at $2.61 billion in the third quarter, including a $1.7 billion pre-tax gain related to the company’s equity investments, while operating profit …

nypost.com

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Uber Shares Drop Despite Q3 Earnings, Revenue Beat

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Oct 31, 2024  · The company reported income from operations of $1.1 billion, marking the first time it has surpassed $1 billion in quarterly operating income. Adjusted EBITDA jumped 55% …

yahoo.com

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Uber's Profit Takes A Hit Despite Revenue Uptick, Stock Tanks

3 weeks from now

May 8, 2024  · Zinger Key Points Uber's Q1 revenue hits $10.10 billion: Growth of 15% Y/Y but narrowly misses estimates. Uber's stock falls after earnings miss: GAAP EPS of $ (0.32) …

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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Stock Market Decline: Alphabet, AMD Earnings Spark Nasdaq, S&P …

3 weeks from now

1 day ago  · Corporate news Major movers on Wednesday included: Ride-share firm Uber's quarterly operating income significantly undershot expectations, pushing the stock down 7.56%

usatoday.com

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Uber Stock Slumps Despite First Quarterly Operating Profit Ever

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Aug 1, 2023  · Uber reported its first operating profit ever in the second quarter. It's stock dropped roughly 5% Tuesday, however, as results missed analysts' expectations.

businessinsider.com

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Uber Shares Fall As Fears Over Lyft's Pricing Eclipse First Operating ...

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Aug 1, 2023  · Uber's shares fell 6% on Tuesday after the ride-hailing company warned Lyft was competing effectively on prices and set an earnings forecast that analysts said may have …

reuters.com

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Uber Earnings Miss Sends Stock Spiraling - Kiplinger

3 weeks from now

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.

kiplinger.com

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Uber Stock Slips, But Bullish Analysts See A 60% Upside - MarketBeat

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Dec 13, 2024  · The company smashed expectations with its latest earnings report in October, delivering a particularly strong showing for both revenue and earnings. Uber's revenue print …

marketbeat.com

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Uber Shares Fall Despite Revenue Beat As Its Core Operations …

3 weeks from now

Aug 4, 2021  · Uber’s operating loss of $1.19 billion was more than ameliorated by the company earning $1.93 billion in nonoperating income.

techcrunch.com

FAQs about Uber stock falls as operating-income miss overshadows revenue … 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. ...

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. ...

Will Waymo impact Uber in San Francisco?

"Right now, the costs of AVs don't even come close to the cost of drivers," he said. Uber was yet to see any impact from Waymo in markets like San Francisco or LA, with the growth of Uber's mobility business accelerating in those regions in the last quarter, Khosrowshahi added. ...

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