This post was originally published on this site
Uber Tech announced earnings per share of $-1.33 on revenue of $8.07B. Analysts polled by Investing.com anticipated EPS of $-0.2687 on revenue of $7.36B.
Uber Tech shares are down 20.31% from the beginning of the year, still down 49.67% from its 52 week high of $48.88 set on October 8, 2021. They are under-performing the S&P 500 which is down 13.59% from the start of the year.
Uber Tech’s report follows an earnings beat by United Parcel Service on July 26, who reported EPS of $3.29 on revenue of $24.77B, compared to forecasts EPS of $3.16 on revenue of $24.65B.
Union Pacific had beat expectations on July 21 with second quarter EPS of $2.93 on revenue of $6.27B, compared to forecast for EPS of $2.84 on revenue of $6.12B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
