Why Uber Stock Is Falling After Earnings - Kiplinger

1 day ago · In the three months ending December 31, Uber's revenue increased 20.4% year over year to $12 billion, driven by a 17.6% increase in gross bookings to $44.2 billion.

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Why Uber Stock Is Falling After Earnings - Kiplinger

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1 day ago · In the three months ending December 31, Uber's revenue increased 20.4% year over year to $12 billion, driven by a 17.6% increase in gross bookings to $44.2 billion.

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Uber's Record Quarter Fails To Lift Stock, Shares Slide Post-Earnings

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1 day ago · Gross bookings grew 18% to $44.2 billion; revenue climbed 20 percent to $12 billion, beating forecasts of $11.77 billion, and the price came in at an average of $158 a night.

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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.

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Uber Stock Is Falling After Earnings. Guidance Disappointed.

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Uber Technologies stock sank in premarket trading Wednesday as the ride-hailing service reported mixed fourth-quarter results. Revenue of $12 billion for the quarter rose 20% from a …

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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 …

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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 …

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Uber Stock Plummets With $12 Billion Selloff Amid Volatile Post

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The sharp decline in Uber’s stock price on Wednesday marked its most significant daily percentage loss since October 2022. Shares plunged by 8% to $65 per share shortly after the …

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Uber Stock Slumps $12 Billion On Earnings Miss - Rgsystems.gr

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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 …

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Uber Shares Drop Despite Q3 Earnings, Revenue Beat - Investing.com

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Oct 31, 2024 · The company also forecasts adjusted EBITDA of $1.78 billion to $1.88 billion. Despite the strong results and outlook, Uber's stock declined in early trading, suggesting …

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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.

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Uber Slumps, Lyft Soars. Why The Ride-Sharing Stocks Are Headed …

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Active riders were 21.9 million, up 12%. Gross bookings were $3.7 billion, up 21%, which is consistent with the growth at Uber’s ride-sharing arm.

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Here’s Why Uber Stock Is Crashing - Finbold

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Dec 12, 2024 · Following this, Uber shares reached a yearly low of $58.48 in early August. However, prices rebounded following a standout earnings quarter, which saw a beat in terms …

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Uber Slumps After Earnings Miss - LinkedIn

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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 Stock Drops As Earnings Beat, Sales Miss - Barron's

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Uber said it lost $2.01 a share on revenue that rose 14.4% to $3.17 billion. Analysts were expecting a loss of $2.70 a share on revenue of $3.32 billion.

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

Is Uber stock falling after earnings?

Uber Stock Is Falling After Earnings. Guidance Disappointed. Uber Technologies stock sank in premarket trading Wednesday as the ride-hailing service reported mixed fourth-quarter results. Revenue of $12 billion for the quarter rose 20% from a year earlier and surpassed Wall Street’s calls for $11.8 billion, according to FactSet. ...

Why was Uber Technologies stock falling Wednesday?

Uber Technologies stock was falling Wednesday after the ride-sharing company posted a first-quarter loss when analysts expected a profit. Uber reported a first-quarter adjusted loss of 32 cents a share on revenue of $10.13 billion. Analysts surveyed by FactSet were expecting earnings of 22 cents a share from revenue of $10.1 billion. ...

How did Uber's Revenue perform in the past year?

Gross bookings grew 20% from the prior year to $37.7 billion, when analysts expected $37.93 billion. Revenue in Uber’s mobility segment increased 30% from the prior year to $5.63 billion, which was above estimates of $5.51 billion. Delivery revenue of $3.21 billion increased 4% but slightly missed estimates of $3.28 billion. ...

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. ...

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. ...

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. ...