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Uber quadruples EPS estimates, but is growth decelerating?
UberUber(US:UBER) MarketBeat·2024-02-12 11:36

Key PointsUber reported actual GAAP profits from core operations in Q4 2023, fulfilling its path to profitability after 14 years of operations.Uber crushed analyst EPS estimates by 50 cents, growing revenues by 15.4% YoY to $9.4 billion.Uber's sequential Mobility Bookings fell from 30% to 28% in Q4 2023, causing growth deceleration concerns similar to Alphabet's sequential growth drop in Cloud revenues in Q3 and Advertising revenues in Q4 2024.  5 stocks we like better than Uber TechnologiesLeading rideshar ...