Uber Tech Earnings, Revenue Miss in Q3

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Uber Tech announced earnings per share of $-0.62 on revenue of $2.81B. Analysts polled by Investing.com anticipated EPS of $-0.61 on revenue of $3.07B.

Uber Tech shares are up 40.72% from the beginning of the year, still down 0.66% from its 52 week high of $42.13 set on November 4. They are outperforming the EUR/USD which is down 0% from the start of the year.

Uber Tech shares lost 3.18% in after-hours trade following the report.

Uber Tech’s report follows an earnings beat by Apple on October 29, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.

Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.

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