Tue Feb 04 21:00:00 UTC 2025: **Uber Poised to Report Earnings; Analysts Expect Revenue Growth**
NEW YORK – Ride-sharing giant Uber (NYSE: UBER) is set to release its fourth-quarter earnings report tomorrow before market open. Analysts project an 18.3% year-over-year revenue increase to $11.76 billion, a slight improvement from last year’s growth. Adjusted earnings are anticipated at $0.60 per share.
While Uber exceeded revenue expectations by 1.8% last quarter, reporting $11.19 billion in revenue and 161 million users, it has missed Wall Street’s estimates twice in the past two years. Analyst estimates for this quarter have remained largely unchanged in the past month.
The performance of other companies in the consumer internet sector offers a mixed outlook. Meta’s strong Q4 results, exceeding expectations, led to a share price increase, while Coursera’s positive, yet less impressive, results saw its stock price decline. Despite this, the overall sentiment in the consumer internet sector has been positive, with average share prices up 2.1% in the last month. Uber’s stock is currently trading at $67.77, below the average analyst price target of $88.63.
First Piper 