Uber Technologies (UBER) came out with quarterly earnings of $3.21 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.66 per share a year ago.
Uber Technologies (UBER 3.66%), the global leader in ridesharing and innovative mobility solutions, unveiled its fiscal fourth-quarter results for 2024 on February 5, 2025. The company reported stellar financial outcomes, significantly eclipsing analysts' expectations.
CNBC's Mike Santoli reports on the company's quarterly earnings results.
Uber Technologies (UBER) shares shares dropped in premarket trading Wednesday after the ridesharing giant reported fourth-quarter operating income well below analysts' estimates.
Uber's fourth-quarter revenue rises 20% from a year earlier and beats analysts' estimates.
The ride-hailing company faces stiff pressure from the strong U.S. dollar, which is weighing on its forecast for the current quarter.
Uber announced fourth-quarter results that beat analysts' expectations for revenue. The company's revenue grew 20% in its fourth quarter to $11.96 billion.
Uber Technologies surpassed market expectations for fourth-quarter revenue on Wednesday, as more people used the ride-hailing platform for office commutes and its delivery business benefited from strong holiday-season demand.
The fast expansion of Waymo's driverless car service is growing competition for Uber. The companies are also partners.
Uber is opening its "interest list" for riders in Austin, Texas who want to try Waymo robotaxi service there soon. Riders in Austin will be able to travel across 37 square miles of the city when Uber and Waymo fully launch the service.
Uber customers in Austin may notice a new offer when they open the app and hail a ride: an invitation to signal their interest in a Waymo robotaxi.
Uber Technologies, Inc. UBER will release its fourth-quarter financial results before the opening bell on Wednesday, Feb. 5.