Uber Earnings: EPS Surges to $3.21

Uber Technologies (NYSE:UBER), the global leader in ridesharing and innovative mobility solutions, unveiled its fiscal fourth-quarter results for 2024 on February 5, 2025. The company reported stellar financial outcomes, significantly eclipsing analysts' expectations. Uber's diluted earnings per share (EPS) reached $3.21, a monumental leap from the projected $0.50. This impressive figure reflects a growth of 386.4% compared to $0.66 a year ago. Furthermore, Uber's revenue surged to $12.0 billion, surpassing the anticipated $11.76 billion and marking a 20.4% increase from Q4 2023. Overall, the quarter encapsulated robust performance metrics, reinforcing Uber's strategic market position.Source: Analyst estimates for the quarter provided by FactSet.Founded in 2009, Uber Technologies stands today as a dominant force in the ridesharing market, redefining urban transport and logistics. Uber operates three primary segments: Mobility, Delivery, and Freight. Each segment serves a vast market, leveraging platform synergies to optimize operations. Uber's network integrates drivers, consumers, merchants, and shippers through its cutting-edge technology platform, operational in over 70 countries and more than 10,000 cities worldwide. Uber's service diversification, such as Uber One memberships, enhances customer loyalty and engagement.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool