The ride-hailing giant is expected to slow its losses on its race to turn a profit. Investors will be looking for detail into how quickly Uber Eats and other areas can grow to help support the overall business. Uber is set to report its third-quarter financial performance after the close of markets on Monday.
"We expect a mixed set of results from Uber," Masha Kahn, an analyst at HSBC said in a note to clients. "We think growth in bookings could disappoint while loss reduction could be a positive surprise. We also think improved disclosure around Rides and Eats contribution margin should help support SOTP-based valuation."
When it comes to the more mature of Uber's expansion areas beyond taxi rides, especially Eats, analysts will be looking for how quickly those areas can bolster the company's bottom line. Going into the earnings report, trading options contracts are heavily skewed toward puts instead of calls by more than 2-to-1, according to Bloomberg data. That's a bearish sign for Uber, especially given Lyft's lukewarm reception last week. Historically, the stock has moved 6.5% in either direction after earnings reports but options contracts imply a move of up to 14% on Monday.
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »
Uber is under pressure to turn around its 'horror show' after Lyft had a stellar quarter - Business InsiderNew data show Lyft taking an increasing share from its larger competitor, which has had a 'horror show' since going public, one analyst said.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »
منبع: WSJ - 🏆 98. / 63 ادامه مطلب »