Uber stock down on outlook miss; CEO sees robotaxi rollout as 'multitrillion-dollar' opportunity

Uber (UBER) stock slipped in early trade after investors soured on the ride-hailing giant's profit outlook, even with the CEO's bullish comments on the autonomous opportunity. Uber forecast first quarter adjusted earnings per share (EPS) in a range of $0.65 to $0.72, missing estimates of $0.77, as compiled by Bloomberg. Adjusted EBITDA for the quarter of $2.37 billion to $2.47 billion also missed the midpoint of analyst estimates. In addition, Uber named Balaji Krishnamurthy as its next CFO, replacing Pr ...