Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ - Uber shares decline as Q4 earnings guidance falls short of expectations

BUZZ - Uber shares decline as Q4 earnings guidance falls short of expectations

路透社路透社2026/11/04 12:14
Show original

- ** In volatile pre-market trading, shares of Uber Technologies UBER.N fell 2.6%, to $64.86

** According to data compiled by London Stock Exchange Group (LSEG), the ride-hailing and food delivery platform expects adjusted earnings per share for the fourth quarter to be (link) $0.95 to $0.99, below Wall Street's expectation of $1.06 per share

** The company stated that the Middle East conflict dragged ride bookings growth by 75 basis points, and it expects a negative impact of 100 basis points in the fourth quarter

** The company expects total bookings to be between $63.25 billion and $65.25 billion, compared with analysts' estimate of $64.42 billion

** As of the close of the previous trading day, the company's share price had fallen about 18% year to date


(To facilitate non-native English speakers, Reuters has provided this report through automated translation into several other languages. Due to possible inaccuracies or lack of required context in automated translations, Reuters does not guarantee the accuracy of the translated text and provides it solely for readers' convenience. Reuters accepts no liability for any damage or loss caused by the use of the automated translation feature.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Lyft (LYFT.US) plans to significantly expand its Waymo autonomous taxi fleet in Nashville by the end of the year

Lyft plans to expand its fleet of Waymo driverless taxis in Nashville by the end of the year.

智通财经•2026/11/06 00:43
Lyft (LYFT.US) plans to significantly expand its Waymo autonomous taxi fleet in Nashville by the end of the year

Japanese stocks fall below 57,000 points

格隆汇•2026/11/06 00:31

Texas Governor-Elect: Data centers must be suspended until measures to protect the interests of the people are introduced

The newly elected governor of Texas, Hinojosa, publicly stated that she despises the way data centers "take advantage of Texans" and that any measures must be paused before the introduction of new data centers. She also expressed willingness to collaborate with tech giants such as Elon Musk but emphasized that "it must be on our terms." Goldman Sachs previously warned that the current "blue wave" could result in a suspension order affecting the expansion capacity of approximately 45% of data centers across the United States, with Texas accounting for about 25%. Other states are also rushing to follow Texas' lead.

华尔街见闻•2026/11/06 00:27
Texas Governor-Elect: Data centers must be suspended until measures to protect the interests of the people are introduced