Uber reports Q2 revenue and gross bookings ahead of expectations; shares jump

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Go back to Uber reports Q2 revenue and gross bookings ahead of expectations; shares jump

Uber Inc. (UBER) PT Raised to $98 at Citi

August 7, 2024 5:11 AM EDT

Citi 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 (UBER) Tops Q2 EPS by 16c, Beats on Revenue; Offers Q3 Guidance

August 6, 2024 6:57 AM EDT

(Updated - August 6, 2024 6:57 AM EDT)

Uber (NYSE: UBER) reported Q2 EPS of $0.47, $0.16 better than the analyst estimate of $0.31. Revenue for the quarter came in at $10.7 billion versus the consensus estimate of $10.57 billion.

GUIDANCE:

For Q3 2024, Uber guides:

Gross... More