Street expects Uber to beat earnings results

Group 1 - The market is optimistic about Uber's Q3 earnings, with Bank of America and UBS predicting a modest earnings beat driven by strong ride-sharing demand and increased user activity in booking trips and food orders through the app [1] - Despite competition from DoorDash, Uber's delivery segment is expected to remain resilient, and autonomous driving is becoming central to Uber's long-term strategy [2] - Uber and Nvidia have announced plans to develop 100,000 nearly driverless vehicles starting in 2027, indicating the company's vision for a future beyond human drivers [2][3] Group 2 - UBS notes that while the autonomous vehicle (AV) race is intensifying, the threat from robo-taxis is currently limited [3] - With the rising membership in Uber 1, analysts anticipate improvements in both margins and user growth for the company [3] - Uber's shares have increased nearly 60% year-to-date leading up to the earnings report [3]