(C) Reuters. Uber Tech Earnings Miss, Revenue Inline In Q1
Uber Tech announced earnings per share of $-1.7 on revenue of $3.54B. Analysts polled by Investing.com anticipated EPS of $-0.84 on revenue of $3.54B. That with comparison to EPS of $-2.26 on revenue of $3.1B in the same period a year before. Uber Tech had reported EPS of $-0.64 on revenue of $4.07B in the previous quarter. Analysts are expecting EPS of $-0.7 and revenue of $3.04B in the upcoming quarter.
Uber Tech shares are down 11.47% from the beginning of the year , still down 34.30% from its 52 week high of $47.08 set on June 28, 2019. They are under-performing the EUR/USD which is down 0% year to date.
Uber Tech’s report follows an earnings beat by Microsoft on April 29, who reported EPS of $1.4 on revenue of $35.02B, compared to forecasts EPS of $1.27 on revenue of $33.76B.
Apple had beat expectations on April 30 with second quarter EPS of $2.55 on revenue of $58.31B, compared to forecast for EPS of $2.24 on revenue of $54.78B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Uber Tech Earnings Miss, Revenue Inline In Q1
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.