UBER Earnings Prediction
The chart below shows how UBER performed 10 days before and after its earnings report, based on data from the past quarters. Typically, UBER sees a -6.07% change in stock price 10 days leading up to the earnings, and a +3.85% change 10 days following the report. On the earnings day itself, the stock moves by +4.21%. This data can give you a slight idea of what to expect for the next quarter's release.
UBER Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
11.19B
20.40%
4.56%
Gross Margin
31.83%
6.45%
1.47%
Operating Margin
9.59%
125.65%
8.98%
Net Margin
23.23%
884.32%
146.60%
EPS
1.21
1110.00%
157.45%
No Data Available
UBER Earnings Analysis
Uber Technologies, Inc. Corporation (UBER.N) Earnings Conference Call
Positive
Gross Bookings Surge: 1. Record Gross Bookings Growth: Uber achieved a remarkable 20% year-on-year increase in gross bookings in constant currency, marking the fourth consecutive quarter of at least 20% growth.
Record GAAP Operating Profits: 2. All-Time High GAAP Operating Profits: The company reported over $1 billion in GAAP operating profits, setting a new record for profitability.
Customer Membership Surge: 3. Significant Customer Growth: Uber One membership surged to over 25 million members, reflecting a 70% year-on-year increase, indicating strong customer loyalty and engagement.
Advertising Segment Growth: 4. Robust Advertising Business Expansion: The advertising segment grew nearly 80% year-on-year, showcasing the effectiveness of Uber's advertising strategy and its potential for future revenue generation.
Corporate Transportation Growth: 5. Strong Performance in Uber for Business: The Uber for Business segment experienced over 50% growth, highlighting the increasing demand for corporate transportation solutions.
Negative
Mobility Bookings Slowdown: 1. Deceleration in Mobility Bookings: Mobility bookings growth decelerated to 24%, down 3 percentage points from the previous quarter, indicating a slowdown in consumer demand.
Insurance Cost Impact: 2. Rising Insurance Costs Impacting Transactions: The substantial increase in commercial insurance costs has led to a slowdown in transaction growth, with a typical elasticity of one-to-one observed as prices rise.
Pricing Impact Deceleration: 3. Lower Year-over-Year Pricing Impact: The expected year-over-year pricing impact in Q4 is anticipated to be less than in Q3, contributing to a deceleration in trip activity.
Autonomous Vehicle Partnership Challenges: 4. Limited Incremental Volume from AV Partnerships: Early signs of incremental volume from the Vaymo partnership in Phoenix are not yet evident, indicating challenges in scaling the autonomous vehicle integration.
M&A Strategy Limitations: 5. High Bar for M&A Opportunities: Uber's capital allocation strategy emphasizes a high bar for M&A, suggesting limited opportunities for growth through acquisitions in the near term.
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UBER Earning Call Sentiment
Uber Technologies, Inc. (UBER) Q3 2024 Earnings Call Transcript
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UBER.N
0.31%Positive
The earnings call reveals strong financial performance with record high GAAP operating profits and significant growth in Uber One membership and advertising business. The strategic focus on geographic expansion and increased share repurchases is promising. However, competitive pressures and regulatory issues present risks. The Q&A section highlights optimism in less dense markets and the U.S. mobility sector, despite some management ambiguity. Overall, the positive financial results, strategic initiatives, and planned shareholder returns suggest a positive stock price movement over the next two weeks.