Uber Technologies Q2 2024 Adj EPS $0.47 Beats $0.31 Estimate, Sales $10.70B Beat $10.57B Estimate
Portfolio Pulse from Benzinga Newsdesk
Uber Technologies (NYSE:UBER) reported Q2 2024 earnings per share of $0.47, surpassing the analyst estimate of $0.31 by 51.61%. The company also reported sales of $10.70 billion, beating the estimate of $10.57 billion and marking a 15.93% increase from the same period last year.
August 06, 2024 | 10:57 am
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Uber Technologies reported strong Q2 2024 earnings, with EPS of $0.47 beating estimates by 51.61% and sales of $10.70 billion exceeding expectations. This performance indicates robust growth and could positively impact the stock price in the short term.
The significant beat on both EPS and sales, along with a notable year-over-year sales increase, suggests strong operational performance. This is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100