Uber (UBER) Surges 6.5%: Is This an Indication of Further Gains? [Yahoo! Finance]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.4% loss over the past four weeks. The uptick was owing to the expansion of UBER's partnership on Robotaxis with Waymo. The partnership has expanded to Austin and Atlanta. From early next year, riders in Austin and Atlanta can hail an autonomous Waymo Jaguar vehicle from within Uber, The expansion of the Waymo deal is in line with Uber's focus on autonomous vehicles. This ride-hailing company is expected to post quarterly earnings of $0.39 per share in its upcoming report, which represents a year-over-year change of +290%. Revenues are expected to be $11.01 billion, up 18.4% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Uber, the c
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UBER
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UBER
Earnings
- 8/6/24 - Beat
UBER
Sec Filings
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- UBER's page on the SEC website