Uber Technologies Inc. reported disappointing first-quarter earnings, missing Wall Street's expectations with a loss of $0.32 per share against an expected $0.22. The company's revenue was $10.13 billion, slightly above the forecast of $10.11 billion. The results reflect challenges from Uber's ongoing global regulatory battles and a decline in demand in Latin America. Additionally, Uber's gross bookings for the quarter were $37.65 billion, below the estimated $37.97 billion. The company also provided a weaker-than-expected outlook for the second quarter, forecasting gross bookings between $38.75 billion and $40.25 billion, compared to analysts' expectations of $40.04 billion. Uber shares fell 7.7% following the earnings release.
UBER JUST REPORTED EARNINGS *UBER Q1 GROSS BOOKINGS $37.65B, EST. $37.97B ( MISS ❌ ) *UBER Q1 EPS - $0.32, EST. $0.22 ( MISS ❌ ) *UBER Q1 MONTHLY ACTIVE USERS 149M, EST. 149.77M( MISS ❌ ) *UBER SEES Q2 GROSS BOOKINGS $39.5B EST. $40B ( MISS ❌ ) $UBER https://t.co/96OMk6dWQu
Breaking news: Uber’s results far undershot expectations in the first quarter as the company was weighed down by costs from its decade-long battle with global regulators. https://t.co/EpemNyNaqL https://t.co/pcV82mgMNo
$UBER | Uber Technologies Q1 Earnings: - GAAP EPS/Loss $0.32 (Est. $0.24)🔴 - Sales $10.10B (Est. $10.11B) 🔴 - Says We Continue To Monitor Near-Term Category Challenges And Remain Confident That Freight's Technology, Shipper Platform And Marketplace Flywheel Will Drive Long-Term…
Breaking news: Uber’s results far undershot expectations in the first quarter as the company was weighed down by costs from the ride-hailing company’s decade-long battle with global regulators. https://t.co/EpemNyNaqL https://t.co/pGNc9fPBqL
$SHOP | Shopify Q1 Earnings: - Adj EPS $0.20 (Est. $0.17)🟢 - Sales $1.861B (Est. $1.845B)🟢 - sees Q2 Revenue Growth At A High-Teens Percentage YoY
SHOPIFY $SHOP JUST REPORTED EARNINGS EPS of $0.20 beating expectations of $0.16 Revenue of $1.86B beating expectations of $1.84B
$SHOP Earnings: - Revenue increased 23% to $1.9 billion compared to the prior year, which translates into year-over-year growth of 29% after adjusting for the sale of our logistics businesses - Gross Merchandise Volume ("GMV") increased 23% to $60.9 billion, an increase of $11.3… https://t.co/gqSlnTS1s3
<—— didn’t see the $UBER miss coming (no position)
💰 Shopify Inc $SHOP EPS. vs Forecast 0.2 / 0.17 🟢 Rev. vs Forecast 1.9B / 1.84B 🟢 Market Cap: 99.27B
❖ $SHOP RESULTS: Q1 • Revenue $1.86B, +23% y/y, EST $1.84B • Monthly recurring revenue $151M, +30% y/y, EST $149M • Merchant Solutions revenue $1.4B, +24% y/y, EST $1.34B • Subscription revenue $511M, +34% y/y, EST $498.1M • Gross merchandise volume $60.86B, +23% y/y,… https://t.co/jj1StLtLyy
$UBER JUST REPORTED EARNINGS EPS of -$0.32 missing expectations of $0.22 Revenue of $10.13B bearing expectations of $10.11B
Uber's bookings in the first quarter missed analysts’ estimates, with softer-than-expected demand in Latin America and earlier holidays weighing on orders https://t.co/tc7gv3WEqa
Uber swung to a loss last quarter as legal settlements and equity investments weighed on its results https://t.co/3pmfxe6KV8
$UBER | Uber Q1 24 Earnings: - EPS: Loss $0.32 (est $0.22) - Revenue: $10.13B (est $10.11B) - Sees Q2 Gross Bookings $38.75B To $40.25B (est $40.04B) - Gross Bookings $37.65B (est. $37.97B)
$UBER SHARES FALL 7.7% ON 2Q GROSS BOOKINGS OUTLOOK https://t.co/eaOqlRqJq1
$UBER Earnings: -Revenue grew 15% YoY to $10.1 billion, or 15% on a constant currency basis. Combined Mobility and Delivery revenue grew 19% YoY to $8.8 billion, or 19% on a constant currency basis. Business model changes negatively impacted total revenue YoY growth by 8… https://t.co/L1vcK2D1gT
💰 Uber Tech $UBER EPS. vs Forecast -0.32 / 0.22 🔴 Rev. vs Forecast 10.13B / 10.09B 🟢 Market Cap: 146.59B
⚠️ UBER FORECASTS GROSS BOOKINGS FOR SECOND QUARTER BELOW EXPECTATIONS Full Story → https://t.co/lR3FO4mV3B Uber forecast second-quarter gross bookings below expectations after missing the target for the first three months on Wednesday, signaling weakness in its ride-share…
❖ $UBER RESULTS: Q1 • Gross bookings $37.65B, +20% y/y, EST $37.97B • Mobility bookings $18.67B, +25% y/y, EST $19.15B • Delivery bookings $17.70B, +18% y/y, EST $17.54B • Freight bookings $1.28B, -8.5% y/y, EST $1.28B • Revenue $10.13B, +15% y/y, EST $10.11B • ADJ… https://t.co/vxDmF1wIYZ
$UBER Stinker of a report here
$UBER reports earnings tomorrow morning, Wall ST is expecting numbers of EPS of $0.39 up from -$0.08 in Q1 2023 Revenue of $10.1B up 14.5% YoY
Largest stocks that report earnings tomorrow Toyota $TM $UBER Arm Holdings $ARM Anheuser Busch $BUD Airbnb $ABNB Shopify $SHOP Brookfield $BN Emerson $EMR Energy Transfer $ET Trade Desk $TTD Manulife $MFC Hubspot $HUBS Vistra $VST Nutrien $NTR Applovin $APP
Key Earnings Reports After the Close Tomorrow Airbnb $ABNB Cheesecake Factory $CAKE Celanese $CE Fidelity National $FNF News Corp $NWSA For more details, start a trial at https://t.co/H4p1RcpNxV.
Key Earnings Reports Before the Open Tomorrow Autohome $ATHM Brinks $BCO Broadridge Financial $BR HF Sinclair $DINO Emerson $EMR Middleby $MIDD NiSource $NI Sunoco $SUN Teva Pharma $TEVA Uber $UBER For more details, start a trial at https://t.co/H4p1RcpNxV.
Tomorrow in earnings: Before Open: $UBER $SHOP $AFRM $ACMR $TM $TRIP $EMR $VST $VSH $ATHM $BCO $NI $NYT $FOXA After Close: $ARM $HOOD $ABNB $AMC $TTD $BYND $DUOL $HUBS $IONQ $HL $SEDG $RUN $ET https://t.co/YUw0BsdXoZ
Major Earnings Releases 8th May 2024 $UBER $HOOD $ET https://t.co/CkT6w6CMyt
EARNINGS AFTER THE BELL: $ANET $MCK $OXY $SU $CPNG $EA $EC $VIV $TOST $ALAB $TWLO $WYNN $RIVN $MTCH $RDDT $LYFT $BROS TOMORROW BEFORE THE BELL: $UBER $BUD $SHOP $EMR $VST $AFRM $DINO $NYT $MIDD $IEP
Today in earnings: Before Open: $DIS $CELH $DDOG $CROX $NKLA $BP $RACE $NRG $JMIA $DUK $MKTX $ROK $BLDR After Close: $RIVN $ANET $UPST $WYNN $LYFT $TWLO $OXY $TOST $CPNG $BROS $MTCH $BTG $MCK $IRBT $KTOS https://t.co/cBBNnIFvBC
Some of the largest stocks that report earnings tomorrow Disney $DIS Datadog $DDOG Coupang $CPNG Ferrari $RACE Occidental $OXY Rivian $RIVN Celsius $CELH Electronic Arts $EA GlobalFoundries $GFS $BP UBS Group $UBS Arista $ANET Duke Energy $DUK Transdigm $TDG Mckesson $MCK Suncor… https://t.co/hYKAQD4h6Y
Key Earnings Reports After the Close Tomorrow Andersons $ANDE Arista Networks $ANET Coupang $CPNG Electronic Arts $EA McKesson $MCK Occidental Petroleum $OXY Rivian Automotive $RIVN Wynn Resorts $WYNN For more details, start a trial at https://t.co/H4p1RcpfIn.
EARNINGS AFTER THE BELL: $VRTX $PLTR $MCHP $AXON $COHR $LCID $AL TOMORROW BEFORE THE BELL: $DIS $BP $UBS $RACE $DUK $TDG $DDOG $KVUE $GFS $BLDR $CROX
$CELH $DIS $DDOG $CROX earnings tomorrow AM.
We have another BIG week or earnings lined up, including $DIS, $UBER, $SHOP, and many more. 👀 What earnings are you looking forward to the most? See the full list here! 👇 https://t.co/RTzRcynUBd https://t.co/27NfuTVj1Z
Here's a look at this week's most anticipated earnings! Sharing their quarterly reports will be $PLTR, $DIS, $BP, $UBER, $ABNB, $SHOP, $RBLX and more. Which report will you be watching? #StockMarket https://t.co/umeRug18gY
Earnings this week: $PLTR $LCID $TSN $DIS $RIVN $UPST $WYNN $CELH $DDOG $CROX $LYFT $CFLT $MTCH $NKLA $BP $RACE $ROK $JMIA $OXY $TOST $UBER $SHOP $ARM $HOOD $ABNB $AFRM $BYND $TTD $AMC $FWONK $RBLX $U $RICK $AKAM $PLUG $VTRS $FVRR $FROG https://t.co/dey3l9jaRg
Schedule of earnings for this upcoming week ... here are some of the largest earnings incoming Monday: Palantir $PLTR Tuesday: Disney $DIS, Celsius $CELH, Datadog $DDOG, Rivian $RIVN Wednesday: $UBER, Shopify $SHOP, Airbnb $ABNB, Arm Holdings $ARM, Trade Desk $TTD, Robinhood… https://t.co/strP8eiDPf
Earnings next week. My bullish 👀 on $PLTR, $UBER, $DIS, $HOOD What about you? https://t.co/tYVfuEowOo
Key Earnings Reports After the Close Monday Aecom $ACM Axon $AXON BellRing Brands $BRBR Cabot $CBT Coherent $COHR Coty $COTY Fidelity National Information $FIS Goodyear $GT Intl Flavors & Fragrances $IFF Marriott Vacations $VAC Simon Property $SPG For more, start a trial at…
Earnings next week include Disney, Plantir, Shopify & Arm: $PLTR $LCID $TSN $DIS $RIVN $UPST $WYNN $CELH $DDOG $CROX $LYFT $CFLT $MTCH $NKLA $BP $RACE $ROK $JMIA $OXY $TOST $UBER $SHOP $ARM $HOOD $ABNB $AFRM $BYND $TTD $AMC $FWONK $RBLX $U $RICK $AKAM $PLUG $VTRS $FVRR $FROG https://t.co/etAA4l1All
Early look at some of the largest stocks that report earnings next week Disney $DIS $UBER Palantir $PLTR Arm Holdings $ARM Airbnb $ABNB Shopify $SHOP Trade Desk $TTD Celsius $CELH Roblox $RBLX Robinhood $HOOD Toyota $TM Progressive $PGR $BP Anheuser Busch $BUD Vertex $VRTX $UBS… https://t.co/2ZgBqKQiMk
Upcoming earnings for the week of May 6th, powered by FactSet StreetAccount data. Get access to all the earnings recaps on StreetAccount: https://t.co/iwkbxfrDnu $DIS $EA $UBER $SHOP $WBD $VRTX $FIS $TPR $TEVA $EMR $AKAM $MCK $LYFT $OXY $MTCH $FOXA $TWLO $ROK $DDOG $VTRS $IAC… https://t.co/iHqUW3aQ9i