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Uber (UBER) Misses Q2 EPS by $1.53

August 8, 2019 4:06 PM

Uber (NYSE: UBER) reported Q2 EPS of ($4.72), $1.53 worse than the analyst estimate of ($3.19). Revenue for the quarter came in at $3.17 billion versus the consensus estimate of $3.36 billion.

“Our platform strategy continues to deliver strong results, with Trips up 35% and Gross Bookings up 37% in constant currency, compared to the second quarter of last year,” said Dara Khosrowshahi, CEO. “In July, the Uber platform reached over 100 million Monthly Active Platform Consumers for the first time, as we become a more and more integral part of everyday life in cities around the world.”

For earnings history and earnings-related data on Uber (UBER) click here.

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