CORRECTION: Uber Technologies Q1 2024 GAAP EPS $(0.32) Misses $0.24 Estimate, Sales $10.10B Miss $10.11B Estimate
Portfolio Pulse from Benzinga Newsdesk
Uber Technologies reported its Q1 2024 earnings with a GAAP EPS of $(0.32), missing the estimated $0.24. Sales were $10.10B, slightly below the $10.11B estimate.
May 08, 2024 | 10:59 am
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Uber Technologies missed Q1 2024 earnings estimates with a GAAP EPS of $(0.32) and sales of $10.10B, slightly below expectations.
Missing both EPS and sales estimates can negatively impact investor sentiment and stock price in the short term. The miss, although slight, indicates potential challenges in profitability and growth, which are critical factors for investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100