Categories AlphaGraphs, Earnings, Industrials
Uber Earnings: Q3 2021 loss widens unexpectedly; revenues up 72%
Uber Technologies, Inc. (NYSE: UBER) on Thursday reported a wider net loss for the September quarter when the ride-hailing firm’s revenues increased 72%. The top-line beat estimates, while the bottom line missed.
For the third quarter of 2021, Uber reported a net loss of $2.42 billion or $1.28 per share, compared to a loss of $1.1 billion or $0.62 per share in the year-ago period. The latest number missed Wall Street’s projection.
There was a 72% increase in third-quarter revenues to $4.85 billion, which also came in above the consensus forecast.
Read management/analysts’ comments on Uber’s Q3 2021 earnings
This week, Uber’s stock traded broadly at the levels seen at the beginning of the year. The stock dropped during extended trading on Thursday, after closing the regular session lower.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,