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Uber Puts Aside Revenue Miss With A Long-Awaited Milestone And Rosy Guidance

Uber Technologies (NYSE: UBER) saw its shares rise 1% in premarket today despite a second quarter revenue miss. Besides achieving two long-awaited financial milestones during the quarter, Uber offered a rosy guidance that compensated for missing revenue expectations. Second Quarter Highlights For the quarter that ended on June 30th, Uber generated sales of $9.23 billion, coming in below the expected $9.33 billion. Revenue rose 14% YoY and brought a net income of $394 million, or 18 cents per sha
Dara Khosrowshah Nelson Chai Uber Technologies Benzinga Pro Uber Puts Aside Revenue Miss With Long Awaited Milestone And Rosy Guidance
Source: yahoo.com

Tuesday's Market Minute: Analyzing Uber Earnings - Uber Technologies (NYSE:UBER)

Uber Technologies (NYSE: UBER) is trading higher premarket after reporting 2Q earnings. The company missed FactSet revenue estimates but reported a surprise positive EPS. Uber’s gross bookings have seen improvement since even before the pandemic – this quarter’s doubled the same quarter in 2019.
United States Dara Khosrowshahi Uber Technologies Monthly Active Platform Consumers Business Insider

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Wedbush Increases Uber Technologies (NYSE:UBER) Price Target to $52.00

Uber Technologies (NYSE:UBER – Free Report) had its price objective upped by Wedbush from $46.00 to $52.00 in a research report sent to investors on Thursday, MarketBeat reports. The brokerage currently has an outperform rating on the ride-sharing company’s stock. Several other research firms have also recently issued reports on UBER. Jefferies Financial Group raised […]
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