Uber (UBER) Tops Q2 EPS by 16c, Beats on Revenue; Offers Q3 Guidance
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Uber Inc. (UBER) PT Raised to $98 at Citi
August 7, 2024 5:11 AM EDTCiti analyst Ronald Josey raised the price target on Uber Inc. (NYSE: UBER) to $98.00 (from $96.00) while maintaining a Buy rating.
The analyst comments "We emerge from Ubers 2Q24 results incrementally positive on shares. 2Q results were above expectations with GB strength from... More
Uber reports Q2 revenue and gross bookings ahead of expectations; shares jump
August 6, 2024 7:07 AM EDT(Updated - August 6, 2024 9:41 AM EDT)
Uber Technologies (NYSE: UBER) shares popped more than 4.5% in premarket trading Tuesday after the ride-hailing giant reported better-than-expected revenue and gross bookings for the second quarter.
Earnings per share (EPS) for Q2 came in at $0.18, notably below the consensus estimate of $0.31.
Uber posted quarterly revenue of $10.7 billion, slightly above the consensus projection of $10.57 billion.
Gross bookings... More
