Uber reported third-quarter results on November 4, 2026: revenue exceeded analysts’ estimates, but adjusted earnings per share came in below forecasts. Revenue forecasts had ranged from $14.67 billion to $14.74 billion, while expected adjusted EPS was between $0.86 and $0.91 before the release. Fourth-quarter EPS guidance was also considered below Wall Street estimates. In the second quarter, Uber recorded $58 billion in gross bookings, up 24% year over year, and adjusted EBITDA of $2.8 billion, up 33%. The stock was already down about 16% year to date, at $66.71, as the company pursued autonomous vehicle operations across 15 cities by the end of 2026.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
