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via seekingalpha.comBusiness & Companies

Uber outperforms Q3 expectations but Q4 outlook misses lofty estimates

FROM THE WIRE · SEEKINGALPHA.COM

Uber beats on revenue and growth, but softer profit guidance tempers gains.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishWeaker fourth-quarter guidance weighs on expectations for Uber.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Uber beat expectations on revenue and growth in the third quarter.
  2. 02Profit guidance for the fourth quarter is softer than expected.
  3. 03The stronger results are not enough to offset the more cautious outlook.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Uber Technologies, Inc.UBERStock69.94 USD+5.01%today +5.01%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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