Uber Sees Q1 Gross Bookings $37B-$38.5B, Adj. EBITDA $1.26B-$1.34B
Portfolio Pulse from Benzinga Newsdesk
Uber forecasts Q1 gross bookings to be between $37B-$38.5B and adjusted EBITDA to range from $1.26B-$1.34B.

February 07, 2024 | 11:57 am
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Uber anticipates Q1 gross bookings between $37B-$38.5B and adjusted EBITDA from $1.26B-$1.34B.
Uber's forecast of increased gross bookings and adjusted EBITDA for Q1 suggests a positive outlook for the company's financial health and operational efficiency. This projection is likely to instill confidence among investors, potentially leading to a positive impact on Uber's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100