Uber Technologies (UBER) Reports Q1 Loss, Tops Revenue Estimates

Uber Technologies (UBER) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of $0.21. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -252.38%. A quarter ago, it was expected that this ride-hailing company would post earnings of $0.15 per share when it actually produced earnings of $0.66, delivering a surprise of 340%.Over the last four quarters, the company has ...