Uber Technologies (UBER) reported solid third-quarter 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share (EPS) of $1.20 outpaced the Zacks Consensus Estimate of 41 cents and improved more than 100% on a year-over-year basis.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Total revenues of $11.2 billion beat the Zacks Consensus Estimate of $10.9 billion. The top line jumped 20% year over year on a reported basis and 22% ...

Uber Technologies pointed to a further slowdown in its mainstay app-based taxi business as it forecast fourth-quarter gross bookings below Wall Street estimates, sending its shares down 11% by Thursday afternoon.Bookings growth, a key measure of ridership for online taxi operators, slowed to a more than one-year low in the third quarter and also fell short of analysts’ forecasts.Shares of rival Lyft, which is set to report quarterly results next week, fell 5.3%.Bookings growth, a key measure of ridership fo ...

Uber Technologies (UBER) is one of the worst S&P 500 stocks in Thursday's session after the ride-hailing company beat top- and bottom-line expectations for its third quarter, but came up just short on another key metric.In the three months ended September 30, Uber said its revenue increased 20.4% year over year to $11.2 billion, driven by a 16.1% rise in gross bookings to $41 billion. Its earnings per share (EPS) improved to $1.20 from 10 cents in the year-ago period."We delivered yet another record quarter ...

Uber Technologies, Inc. (NYSE:UBER) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Dara Khosrowshahi - CEO Prashanth Mahendra-Rajah - CFO Deepa Subramanian - VP, IR Conference Call Participants Eric Sheridan - Goldman Sachs Brian Nowak - Morgan Stanley Doug Anmuth - JPMorgan Justin Post - Bank of America Merrill Lynch Mark Mahaney - Evercore Ron Josey - Citi Nikhil Devnani - Bernstein Ross Sandler - Barclays Benjamin Black - Deutsche Bank Operator Hello, and welcome to the ...

Uber Technologies Inc (NYSE:UBER) stock is 9.3% lower at $72.03 after earnings. 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 bookings was well below the $41.25 billion estimates, which is dragging shares this morning.In the options pits, 50,000 calls and 70,000 puts have been traded so far today, triple the average intraday volume. Most popular by far is the December 65 put, followed ...

Uber Technologies (UBER) reported $11.19 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 20.4%. EPS of $1.20 for the same period compares to $0.10 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $11 billion, representing a surprise of +1.74%. The company delivered an EPS surprise of +192.68%, with the consensus EPS estimate being $0.41.While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...

KEY TAKEAWAYSUber Technologies shares are dropping in premarket trading Thursday, as the ride-hailing giant posted weaker-than-expected gross bookings in the third quarter.The company said gross bookings rose 16% year-over-year to $41 billion in the third quarter, below estimates from Visible Alpha of $41.3 billion.Uber's top- and bottom-line results handily beat analysts' estimates, however. It posted revenue of $11.19 billion and net income of $2.6 billion for the third quarter. Uber Technologies (UBER) s ...

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Uber Technologies (UBER) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 192.68%. A quarter ago, it was expected that this ride-hailing company would post earnings of $0.31 per share when it actually produced earnings of $0.47, delivering a surprise of 51.61%.Over the last four quarte ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...