Home Stock Market Uber Tech Earnings, Income Miss in Q3

Uber Tech Earnings, Income Miss in Q3

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© Reuters. Uber Tech Earnings, Income Miss in Q3

Investing.com – Uber (NYSE:) Tech reported on Thursday third quarter that missed analysts’ forecasts and income that fell in need of expectations.

Uber Tech introduced earnings per share of $-0.62 on income of $2.81B. Analysts polled by Investing.com anticipated EPS of $-0.61 on income of $3.07B.

Uber Tech shares are up 40.72% from the start of the yr, nonetheless down 0.66% from its 52 week excessive of $42.13 set on November 4. They’re outperforming the which is down 0% from the beginning of the yr.

Uber Tech shares misplaced 3.18% in after-hours commerce following the report.

Uber Tech follows different main Know-how sector earnings this month

Uber Tech’s report follows an earnings beat by Apple on October 29, who reported EPS of $0.73 on income of $64.7B, in comparison with forecasts EPS of $0.71 on income of $63.8B.

Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on income of $37.15B, in comparison with forecast for EPS of $1.54 on income of $35.76B.

Keep up-to-date on all the upcoming earnings stories by visiting Investing.com’s earnings calendar

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