Breakingviews - Uber earnings are winding road to nowhere

FILE PHOTO: An Uber pick-up location is pictured in San Diego, California, September 30. 2019. REUTERS/Mike Blake/File Photo GLOBAL BUSINESS WEEK AHEAD

The numbers that reflect activity by Uber’s customers and passengers, from gross bookings and trips to revenue and adjusted net revenue, are all growing at a healthy clip. Other important figures remain stubbornly negative. Uber burned $2.5 billion of cash just to operate so far this year. It has enough cash to keep up that rate for four more years – but that’s a prerequisite for staying in business, not a boast.

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Uber Q3 earnings preview: Analyst commentary leading up to report - Business InsiderAfter Lyft's rosy results, Wall Street is expecting that Uber will show a similarly strong quarter as the competitive landscape cools down.
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Ahead of Uber earnings, these could be the most important levels to watchUber is gearing up for earnings after the bell today, its third release since going public. Investors should watch out for these levels after the report, says Miller Tabak's Matt Maley. KerisAlison U all make Uber look like the greatest thing and it is nothing.
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