Core Insights - Uber Technologies reported total revenue of $11.96 billion for the quarter ending December 2024, reflecting a year-over-year increase of 20.4% [4] - The company's international revenue performance is crucial for assessing its financial resilience and growth prospects [1][2] International Revenue Breakdown - Latin America generated $727 million, accounting for 6.08% of total revenue, which was a decrease of 12.96% compared to the projected $835.21 million [5] - Europe, Middle East, and Africa contributed $3.59 billion, representing 30.02% of total revenue, exceeding expectations by 12.36% [6] - Asia Pacific brought in $1.33 billion, making up 11.10% of total revenue, falling short of the consensus estimate by 4.74% [7] Future Revenue Projections - Analysts predict total revenue of $11.61 billion for the current fiscal quarter, indicating a 14.6% increase from the prior year [8] - For the full year, total revenue is projected to reach $50.6 billion, a rise of 15.1% from the previous year, with regional contributions expected to be Latin America at 8.3% ($4.22 billion), Europe, Middle East, and Africa at 32.7% ($16.53 billion), and Asia Pacific at 14% ($7.1 billion) [9] Market Position and Stock Performance - Uber's reliance on international markets presents both opportunities and risks, making it essential to monitor international revenue trends for future forecasts [10] - The company has a Zacks Rank of 2 (Buy), indicating expectations of outperforming broader market movements in the near term [13] - Over the past month, Uber's stock has increased by 19.7%, significantly outperforming the Zacks S&P 500 composite's 2.6% rise [13]
Why Uber (UBER) International Revenue Trends Deserve Your Attention