Should You Bet on UBER Stock Following Q3 Earnings Beat?
UBERUber(UBER) ZACKS·2024-11-05 00:01

On Oct. 31, Uber Technologies (UBER) reported better-than-expected third-quarter 2024 earnings per share and revenues, before the opening bell. This was the second successive quarter in which the company had reported better-than-expected results after posting a loss in the first quarter of 2024. Adding to the optimism, third-quarter 2024 earnings and revenues increased significantly year over year. During the September quarter, the company delivered over $1 billion in operating income (on a GAAP basis) for ...