Categories AlphaGraphs, Earnings, Technology
Earnings: Uber unexpectedly swings to Q4 profit; revenues up 83%
Uber Technologies, Inc. (NYSE: UBER) on Wednesday reported net profit for the December quarter, compared to a loss in the prior-year period. The bottom line benefited from an 83% growth in revenues.
For the fourth quarter of 2021, the company reported a net income of $892 million or $0.44 per share, compared to a loss of $968 million or $0.54 per share in the year-ago period. The latest number beat Wall Street’s projection.
There was an 83% increase in fourth-quarter revenues to $5.8 billion, which also came in above the consensus forecast.
Read management/analysts’ comments on Uber’s Q4 2021 earnings
Uber’s shares have lost 8% since the beginning of the year. The stock made strong gains during extended trading on Wednesday, after closing the regular session higher.
Prior Performance
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
