Uber (UBER) Q1 Revenue Tops Consensus

Uber (NYSE: UBER) reported Q1 EPS of ($3.04), versus ($0.06) reported last year. Revenue for the quarter came in at $6.85 billion versus the consensus estimate of $6.13 billion.

• Net loss of $5.9 billion with a $5.6 billion headwind relating to Uber’s equity investments

Outlook for Q2 2022:

For Q2 2022, we anticipate:

• Gross Bookings of $28.5 billion to $29.5 billion
• Adjusted EBITDA of $240 million to $270 million

For earnings history and earnings-related data on Uber (UBER) click here.

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