Core Viewpoint - Uber Technologies, Inc. reported Q4 earnings with a top-line beat, but the stock fell after hours due to operating income missing expectations [1] Group 1 - The company experienced a high-risk/high-reward situation, which aligns with investment strategies seeking significant return potential [1] - The earnings report indicates a divergence between revenue growth and operating income performance, highlighting potential concerns for investors [1]

On Feb. 5, San Francisco, CA-based Uber Technologies (UBER) , which provides ride-hailing, food delivery and freight (leasing vehicles to third parties) services through its Mobility, Delivery, and Freight segments, respectively, released impressive fourth-quarter 2024 results. The top and bottom lines beat expectations and rose from the corresponding quarter of 2023. Uber’s full-year 2024 revenues grew 18% to $44 billionSee the Zacks Earnings Calendar to stay ahead of market-making news.The stock, however, ...

Uber Technologies Inc UBER shares are up on Thursday, despite the company reporting an earnings miss for the fourth quarter.The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways.JPMorgan On Uber TechnologiesAnalyst Doug Anmuth reiterated an Overweight rating while cutting the price target from $95 to $90.Uber Technologies reported mixed results, with EBITDA in-line with consensus "rather than the usual high-end beat," Anmuth said in a note. Underlyi ...

I won't lie, Uber Technologies, Inc. (NYSE: UBER ) has been going through it lately. I guess that's the price you pay for a vision so long term. CEO Dara Khosrowshahi said on the earnings call that theI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d like my servi ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

Uber Technologies (UBER) reported solid fourth-quarter 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share (EPS) of $3.21 outpaced the Zacks Consensus Estimate of 50 cents and improved more than 100% on a year-over-year basis.Find the latest EPS estimates and surprises on ZacksEarnings Calendar.Total revenues of $11.9 billion beat the Zacks Consensus Estimate of $11.7 billion. The top line jumped 20.4% year over year on a reported basis and 2 ...

Uber CEO Dara Khosrowshahi said that making driverless cars common in rideshare will take a while.He pointed to several issues, from safety to parking, as Uber released fourth-quarter earnings.Uber has been working with Waymo in some cities to offer driverless cars.Self-driving cars have a long way to go before they become common on Uber, the rideshare service's CEO said Wednesday. Developers of self-driving cars, such as Tesla and Waymo, are making the technology more common for riders in a few US cities, ...

As Uber strengthens its position in the market, its focus on expanding services and enhancing customer loyalty is paying off, with notable growth in both membership and demand across its platforms. Uber says it is entering 2025 with momentum, driven by a surge in its Uber One membership program and increased demand across its Mobility and Delivery services.During the company’s fourth-quarter and full-year earnings call Wednesday (Feb. 5), Chief Financial Officer Prashanth Mahendra-Rajah noted, “we’re leanin ...

Shares of ride-sharing company Uber Technologies (UBER -7.10%) dipped on Wednesday after the company reported financial results for the fourth quarter of 2024. The Q4 results were fine but the forward guidance fell short of what investors were hoping for. That's why Uber stock was down 7% as of 10:20 a.m. ET.The bookings outlook didn't satisfy investorsTo truly have a handle on Uber's business, investors need to understand its gross bookings. Gross bookings refers to the total dollar value of transactions o ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...