Uber Faces Earnings Test Ahead of Lockup Expiration: What to Watch

📆 04.11.2019 18:16:00
📰 WSJ

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Uber is expected to report its quarterly loss narrowed from the previous period. Here is what else to watch for in the ride-hailing company’s results.

Uber Technologies will report earnings after the market closes on Monday. Here are the key points:

Earnings Forecast: The ride-hailing company is expected to post a net loss of $1.5 billion, according to analysts, compared with a loss of $5.2 billion in the previous quarter. Most of the loss in the June quarter was attributable to a $3.9 billion charge for stock compensation related to the company’s initial public offering in May. Excluding interest, taxes, depreciation and amortization, analysts expect a loss of $814 million....

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