In that region, where competitor Didi has been expanding, Uber reported a 13% decline in revenue from $518 million in Q1 of 2018 to $450 million in Q1 of 2019. Q1 2020 Earnings 2 To supplement our financial information, which is prepared and presented in accordance with generally accepted accounting principles in the United States of America, or GAAP, we use the [Operator Instructions] Later, we will conduct a live interactive question-and-answer session. He said Uber could consider consolidation with a competing food delivery company if it made sense, but isn't looking to that as a growth strategy at the moment.Growth for Uber Eats can be costly for the company, however, since unlike ride sharing, Uber must pay not just the driver but also the restaurant. Want to see which stocks are moving? Uber Technologies last issued its quarterly earnings data on August 6th, 2020. Uber's ride sharing take rate for the quarter was 20.4%.Uber saw growth in its core platform revenue across all of the regions it breaks out except for Latin America.

The company withdrew the 2020 guidance it gave during its fourth quarter 2019 earnings … Its quarterly revenue was down 29.2% on a year-over-year basis. Uber Eats' take rate, which the company defines as adjusted net revenue as a percentage of gross bookings, was 7.8%.Adjusted net revenue grew more modestly for Uber's ride sharing business, up 10% compared to last year's quarter to $2.34 billion. Uber Technologies has generated ($6.81) earnings per share over the last year. See what's happening in the market right now with MarketBeat's real-time news feed. Please log in to your account or sign up in order to add this asset to your watchlist. Adjusted net revenue for the segment, which measures revenue after payments to the drivers and restaurants, grew 31% to $239 million. Uber grew its monthly active platform consumers 33% from last year's quarter to 93 million.Analysts and investors have been looking for signs that Uber's losses On a call with analysts, Uber CEO Dara Khosrowshahi said he likes "what we see on the competitor front in the U.S.," referencing Lyft's earnings call where executives said they are beginning to compete more on brand. Learn about financial terms, types of investments, trading strategies and more.MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter. View our full suite of financial calendars and market data tables, all for free.Receive a free world-class investing education from MarketBeat. Ma’am, please go ahead. "I think that competing on brand and product is, call it, a healthier mode of competition than just throwing money at a challenge," Khosrowshahi said.In the first quarter of 2019, Uber Eats saw substantial growth in adjusted net revenue and gross bookings compared to the same quarter last year. Export data to Excel for your own analysis. And thank you for calling today’s Uber Technologies Q1 2020 Earnings Conference Call. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.

Uber filed an updated S-1 document as part of is IPO on Friday. The ride-sharing company reported ($1.02) EPS for the quarter, missing the consensus estimate of ($0.78) by $0.24. ET Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. Learn everything you need to know about successful options trading with this three-part video course.Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:You have already added five stocks to your watchlist. The firm had revenue of $2.24 billion for the quarter, compared to analysts' expectations of $2.18 billion. Uber Technologies, Inc. Q1 2020 Earnings Call May 7, 2020, 4:30 p.m. Highlights of Q1 Earnings In the last-reported quarter, Uber incurred a loss of 64 cents per share, narrower than the Zacks Consensus Estimate of a loss of 79 cents. © 2020 Market data provided is at least 10-minutes delayed and hosted by It marks a 20% increase from the same period last year when Uber reported $2.58 billion in revenue.

Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.Get daily stock ideas top-performing Wall Street analysts. Uber Q1 Earnings . Gross bookings increased 108% to $3.07 billion.Khosrowshahi said on the call that Uber Eats has the potential to grow significantly and said that if the segment eventually overtakes ride sharing, "that would be an enormous win for us." All rights reserved. The company expects to lose at least $1 billion for the first quarter of 2019, on revenues of just over $3 billion. Data is a real-time snapshot *Data is delayed at least 15 minutes. Get short term trading ideas from the MarketBeat Idea Engine. Gross bookings measures the total dollar value paid for its services including taxes, tolls and fees, but not tips. Q1 revenue: $3.54 billion (+14% YoY, vs. $3.5 billion expected)Q1 loss: $2.9 billion (Up 190% YoY from loss of $1 billion in Q1 2019)Guidance: Uber withdrew its full-year guidance in mid-April, just months after CEO Dara Khosrowshahi told investors that the … On May 7 after market close, Uber Technologies reported Q1 loss of 64 cents a share, which was narrower than the loss of 79 cents and the year-ago quarter’s loss of $2.26. Shares of Uber are off a little more than 4% in after-hours trading, following its earnings report. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

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