News Formal

Uber is about to report earnings. Here's what to expect

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

During the fourth quarter, Uber faced tighter regulations impacting its business in London and California and continued to slash costs.

It laid off hundreds of employees in its marketing, recruiting, Uber Eats and Advanced Technologies Group, among others, in October.Dara Khosrowshahi, CEO of Uber, appears on CNBC's Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan,. 22nd, 2020.

Here's what Wall Street expects:Revenue:The revenue estimate shows analysts expecting Uber's annualized revenue growth to accelerate to 36%, from 30%With respect to guidance, analysts polled by FactSet are expecting 2020 earnings before interest, taxes, depreciation and amortization of $2.84 billion.in its marketing, recruiting, Uber Eats and Advanced Technologies Group, among others, in October.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I will wait for the article about their reporting. Anything else is guessing, not too good for investments, sometimes...

A big loss I’m guessing...

45 🚀

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jobless claims, Uber earnings, Twitter also reports: 3 things to watch for ThursdayInvestors will monitor earnings reports from Uber and Twitter, as well as the latest weekly jobless claims number.
Source: CNBC - 🏆 12. / 72 Read more »

GM is set to report earnings before the bell – here's what the Street expectsWall Street's attention is expected to be on the Detroit automaker's operations in China, which experienced a 15% sales decline last year, as well as the company's 2020 outlook.
Source: CNBC - 🏆 12. / 72 Read more »

Jobless claims, Uber earnings, Twitter also reports: 3 things to watch for ThursdayInvestors will monitor earnings reports from Uber and Twitter, as well as the latest weekly jobless claims number.
Source: CNBC - 🏆 12. / 72 Read more »

Ford's earnings were even worse than expected, and its stock is plummeting - Business InsiderFord's soft results and dismal outlook for the future come amid a tear for Tesla, which has seen its stock nearly double in a matter of weeks. Lower the price of ur vehicles Pull up your socks boys.! The game in the automobile industry is changing at an alarming speed.
Source: BusinessInsider - 🏆 729. / 51 Read more »