Uber Technologies (NYSE:UBER) reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Uber Technologies beat estimated earnings by 25.0%, reporting an EPS of $-0.18 versus an estimate of $-0.24.
Revenue was up $3.95 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 6.07% drop in the share price the next day.
Here's a look at Uber Technologies's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.35 | -0.33 | -0.51 | -0.54 |
| EPS Actual | -0.26 | -0.21 | -0.38 | -0.06 |
| Revenue Estimate | 5.36B | 4.42B | 3.74B | 3.28B |
| Revenue Actual | 5.78B | 4.84B | 3.93B | 2.90B |
To track all earnings releases for Uber Technologies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
