Uber Technologies, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Uber Technologies, Inc. UBER.N reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $3.11. The mean expectation of forty four analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 79 cents to $1.66 per share.

• Revenue rose 9.6% to $14.77 billion from a year ago; analysts expected $14.69 billion.

• Uber Technologies, Inc.'s reported EPS for the quarter was 25 cents​.

• The company reported quarterly net income of $512 million.

• Uber Technologies, Inc. shares had fallen by 2.8% this quarter and lost 18.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 45 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"

• Wall Street's median 12-month price target for Uber Technologies, Inc. is $100.00, about 33.4% above its last closing price of $66.60

This summary was machine generated from LSEG data November 4 at 02:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)