Uber Stock: Why Shares Dropped Despite Crushing Earnings Estimates
TLDR Uber reported Q3 EPS of $1. 20, crushing analyst estimates of $0. 69, with revenue rising 20% to $13. 47 billion The company’s Uber One membership program is driving higher cross-platform usage, with multi-service users spending three times more than single-service customers Delivery segment sales jumped 29% in Q3, outpacing the 20% growth in mobility revenue as [.] The post Uber Stock: Why Shares Dropped Despite Crushing Earnings Estimates appeared first on Blockonomi.