Uber Tech Earnings Miss, Revenue Beats In Q3

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Uber Tech announced earnings per share of $-0.61 on revenue of $8.3B. Analysts polled by Investing.com anticipated EPS of $-0.18 on revenue of $8.12B.

Uber Tech shares are down 4% from the beginning of the year, still down 45.49% from its 52 week high of $48.74 set on November 5, 2021.

Uber Tech’s report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.

Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar