Uber Technologies (UBER) Stock Declines While Market Improves: Some Information for Investors

Prior to today's trading, shares of the ride-hailing company had lost 11.39% over the past month. This has lagged the Computer and Technology sector's loss of 4.62% and the S&P 500's loss of 0.21% in that time. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.85 per share and a revenue of $43.32 billion, indicating changes of -2.3% and +16.2%, respectively, from the former year. Research indicates that these estimate revisions are directly correlated with near-term sh ...