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Uber Technologies UBER reported its Q2 earnings results on Tuesday, August 2, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Uber Technologies missed estimated earnings by 80.77%, reporting an EPS of $-0.47 versus an estimate of $-0.26.
Revenue was up $4.14 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 4.52% drop in the share price the next day.
Here’s a look at Uber Technologies’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.24 | -0.35 | -0.33 | -0.51 |
| EPS Actual | -0.18 | -0.26 | -0.21 | -0.38 |
| Revenue Estimate | 6.13B | 5.36B | 4.42B | 3.74B |
| Revenue Actual | 6.85B | 5.78B | 4.84B | 3.93B |
To track all earnings releases for Uber Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.