Uber: Q3 Earnings Snapshot
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Uber Technologies Inc. (UBER) on Tuesday reported third-quarter earnings of $221 million.
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Uber Technologies Inc. (UBER) on Tuesday reported third-quarter earnings of $221 million.
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The San Francisco-based company said it had net income of 10 cents per share.
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The results missed Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.
The ride-hailing company posted revenue of $9.29 billion in the period, which also did not meet Street forecasts. Thirteen analysts surveyed by Zacks expected $9.47 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UBER at https://www.zacks.com/ap/UBER