© Reuters. Uber Tech Earnings Miss, Revenue Beats In Q3
Investing.com – Uber (NYSE:) Tech reported on Tuesday third quarter that missed analysts’ forecasts and revenue that topped expectations.
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 follows other major Industrials sector earnings this month
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
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