Multiple analysts rerated Uber Technologies, Inc UBER after Thursday’s quarterly print amid an exciting earnings season.The ride-hailing giant reported fiscal third-quarter 2024 revenue growth of 20% to $11.188 billion, topping the analyst consensus of $10.97 billion.Revenue from Mobility grew to $6.41 billion, up 26%. Delivery was $3.47 billion, up 18%, and Freight was $1.31 billion, up 2%.Also Read: Nvidia’s Run:ai Acquisition Draws European Regulatory Scrutiny On Competition ConcernsJMP Securities analys ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.00001 per share UBER New York Stock Exchange FORM 10-Q ____________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SE ...

Uber is looking beyond major cities for growth amid a jump in its membership program.The ride hailing/delivery company released quarterly earnings Thursday (Oct. 31) showing that its Uber One program now has more than 25 million members, a 70% increase year over year.In addition, the company saw more than $1 billion in GAAP operating income for the first time in Uber history and is on track to deliver 20% growth in gross bookings on a constant currency basis for the full year.During an earnings call with an ...

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's stock fell Thursday after the ride-share company reported mixed third-quarter results.Gross bookings, or the dollar value of rides and deliveries, came in slightly below expectations.Uber is "pretty optimistic" about key US market going forward, CEO says. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personali ...

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 ...