Uber Tech Earnings, Revenue Beat in Q4 -Breaking
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© Reuters. Uber Tech Revenue Beats in Q4Tech reports on Wednesday that the fourth quarter beat analyst forecasts.
Uber Tech posted earnings per share (EPS) of $0.44 on revenues of $5.78B. Investing.com polled analysts and predicted an EPS of $0.44 per share on revenue of $5.78B.
Uber Tech shares have fallen 4% since the start of the year. However, they are still 37.25% below its 52-week high of $64.05, which was set February 11, 2021. They are broadly in line with the S&P 500 which is down 3.77% from the start of the year.
After-hours trading for Uber Tech shares rose 6.94% following the report.
Uber Tech joins other industrials industry earnings this month
Uber Tech’s earnings beat was achieved by United Parcel Service, who on February 1 reported an EPS of 3.59 on revenues of $27.85B. This compares to the forecasts of EPS $3.1 on revenue $27.06B.
Union Pacific exceeded expectations by beating forecasts on January 20, with fourth-quarter EPS at $2.66 on revenue $5.73B. This compares to the $2.6 expected for $5.59B revenue.
Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar
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