Uber Technologies (UBER) to Release Quarterly Earnings on Wednesday

Uber Technologies (NYSE:UBER) will release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Uber Technologies to post earnings of $0.21 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.50. The firm had revenue of $9.94 billion during the quarter, compared to analyst estimates of $9.76 billion. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The company’s revenue for the quarter was up 15.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.29 EPS. On average, analysts expect Uber Technologies to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Uber Technologies Trading Up 1.0 %

Shares of NYSE:UBER opened at $69.23 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.19 and a current ratio of 1.19. The stock’s 50-day moving average is $75.33 and its 200-day moving average is $65.43. The company has a market cap of $144.09 billion, a P/E ratio of 80.50, a P/E/G ratio of 1.09 and a beta of 1.39. Uber Technologies has a 52-week low of $36.69 and a 52-week high of $82.14.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on UBER. Barclays increased their price target on shares of Uber Technologies from $63.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, February 8th. Bank of America raised their price objective on Uber Technologies from $68.00 to $73.00 and gave the stock a “buy” rating in a research report on Tuesday, January 30th. BTIG Research boosted their price objective on Uber Technologies from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, February 22nd. Tigress Financial raised their target price on Uber Technologies from $72.00 to $96.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. Finally, TheStreet upgraded shares of Uber Technologies from a “c” rating to a “b-” rating in a research note on Wednesday, February 7th. Two investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $81.65.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 20,000 shares of Uber Technologies stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the completion of the sale, the insider now directly owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Uber Technologies news, insider Tony West sold 18,750 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the completion of the transaction, the insider now directly owns 185,566 shares of the company’s stock, valued at $13,004,465.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jill Hazelbaker sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total value of $1,556,600.00. Following the sale, the insider now directly owns 107,290 shares in the company, valued at approximately $8,350,380.70. The disclosure for this sale can be found here. 3.84% of the stock is currently owned by company insiders.

About Uber Technologies

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.