Company News: Uber (UBER) quarterly results beat analysts’ estimates

Market news

5 August 2021

Company News: Uber (UBER) quarterly results beat analysts’ estimates

Uber (UBER) reported Q2 FY 2021 GAAP earnings of $0.58 per share (versus -$1.02 per share in Q2 FY 2020), much better than analysts’ consensus estimate of -$0.53 per share.

The company’s quarterly revenues amounted to $3.929 bln (+75.3% y/y), beating analysts’ consensus estimate of $3.762 bln.

UBER fell to $40.20 (-3.85%) in pre-market trading.

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