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Uber Tech announced earnings per share of $-3.04 on revenue of $6.9B. Analysts polled by Investing.com anticipated EPS of $-0.2718 on revenue of $6.08B.
Uber Tech shares are down 36.12% from the beginning of the year, still down 46.14% from its 52 week high of $54.72 set on May 4, 2021. They are under-performing the Nasdaq which is down 19.69% from the start of the year.
Uber Tech shares lost 0.14% in pre-market trade following the report.
Uber Tech’s report follows an earnings beat by United Parcel Service on April 26, who reported EPS of $3.05 on revenue of $24.38B, compared to forecasts EPS of $2.89 on revenue of $23.82B.
Union Pacific had beat expectations on April 21 with first quarter EPS of $2.57 on revenue of $5.86B, compared to forecast for EPS of $2.56 on revenue of $5.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
