3 Things to Know About Uber Before You Buy the Stock
UBERUber(UBER) The Motley Fool·2024-08-12 19:10

The leading ride-hailing and delivery service is posting strong financial results.Uber (UBER -0.68%) just reported its financial results for the second quarter (ended June 30), and the market was pleased. The company beat Wall Street estimates for revenue and diluted earnings per share (EPS), sending the stock sharply higher immediately following the announcement.Despite shares of this transportation-as-a-service company trading at a forward price-to-earnings (P/E) ratio of 30 (as of Aug. 7), you might be c ...