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UBER PROFIT FORECAST
Uber's profit forecast disappoints as driver shortages, Middle East conflict hurtThe company is responding by spending more to recruit and retain drivers, a cost that will be watched closely because it comes as the compa...- US stocks today: US markets rebound from lows, but inflation, Iran war worries persistUS stocks rebounded from a three-day selloff, with the S&P 500, Nasdaq and Dow ending higher. However, persistent inflation concerns, a glo...
- Delivery Hero lifts 2026 outlook on strong growth amid Uber takeover bidIts gross merchandise value, total value of all goods sold through the marketplace, is now expected to grow 9% to 11% this year, compared ...
- Uber shares drop 6% as weak forecast overshadows strong bookingsUber’s strong second-quarter growth was overshadowed by a weak outlook, sending shares down 6% as the company ramps up autonomous-vehicle i...
- Why Uber stock is falling today after Uber earnings? Weak profit outlook and higher taxes disappoints investors despite booming ride demandUber stock tumbled after the ride-hailing company issued a weaker-than-expected profit forecast for the first quarter, despite reporting st...
- Uber Q3 earnings show strong growth but $479 million legal hit cuts profitUber’s latest earnings showed strong growth in rides and revenue but faced a big legal expense that hurt profits. The company still reporte...
- Uber forecasts strong holiday-quarter bookings on membership boostCEO Dara Khosrowshahi said the Uber One program was encouraging customers to book more food and grocery deliveries, underscoring increased ...
- Uber bets on loyalty program to drive growth, unveils $20 billion buyback planUber announced a $20 billion stock buyback and forecasted higher Q3 bookings, driven by a 60% jump in Uber One subscribers. These users gen...
- Uber unveils $20 billion stock buyback plan as loyalty program boosts growthUber unveiled a $20 billion stock buyback program and forecast its third-quarter bookings above Wall Street estimates on Wednesday, as the ...
- Uber reports strong Q1 despite revenue miss, forecasts resilient demand with robust gross bookings outlookUber Technologies (UBER) reported a slight miss in Q1 revenue, but its outlook for gross bookings in Q2 exceeded Wall Street expectations, ...
- Uber forecasts upbeat second quarter on steady ride-hailing, delivery demandTotal revenue rose 14% to $11.53 billion in the first quarter, slightly below analysts' expectations of $11.62 billion, according to data c...
- Uber shares slide 8% as slowing bookings growth spooks investorsBookings growth, a key measure of ridership for online taxi operators, slowed to a more than one-year low in the third quarter and fell sho...
- Uber shares tumble 9% on surprise net loss, weak second-quarter forecastThe report suggests that Uber's growth could be slowing after a strong 2023 in which it dominated the U.S. ride-share market and delivery b...
- Uber forecasts gross bookings for second quarter below expectationsUber projects lower second-quarter gross bookings due to ride-share and food delivery challenges, exceeding core profit expectations. Lyft ...
- Uber expects strong core profit as ride share, food delivery demand acceleratesUber, which posted its first full-year profit on net basis, is expanding initiatives like memberships, corporate travel and advertising. Co...
- Uber shares fall as fears over Lyft's pricing eclipse first operating profitUber reported second-quarter revenue of $9.23 billion, missing analysts' estimates of $9.33 billion, according to Refinitiv IBES data, as a...
- Uber Q3 Results: Co swings to black on ride-hailing demand; posts first operating profitUber's cost controls ranging from layoffs to lower transaction costs and maintaining a steady headcount have helped the company maintain it...
- Lyft shares skid on fears Uber pulling aheadLyft shares hit their worst day on record after closing 36.4% lower, with 13 analysts lowering their price targets on the stock.
- Uber makes first operating profit as driver shortage easesThe California-based company reported Ebitda of $8 million for the quarter ended September 30. That compared to a loss on the same basis of...
- Uber forecasts first-ever adjusted profit, shares jump 7%The company said last month riders returned to its platform in greater numbers in July, and that it expects the trend to continue in the co...
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