Uber (UBER) expected to beat Q4 earnings estimates with higher revenues, positive surprise predicted.

From Nasdaq: 2025-01-29 10:01:00

Uber Technologies (UBER) is expected to report a year-over-year decline in earnings but higher revenues for the quarter ending December 2024. The earnings report on February 5, 2025, could impact the stock price based on results compared to estimates. Analysts predict quarterly earnings of $0.50 per share and revenues of $11.74 billion.

The Zacks Earnings ESP model suggests a positive surprise for Uber, with estimates revised lower by 11.58% in the last 30 days. A positive Earnings ESP reading indicates a likely earnings beat, especially when combined with a Zacks Rank of #1, #2, or #3. Uber currently holds a Zacks Rank of #3, hinting at a potential EPS beat.

Uber’s Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.43%. The company has a history of beating consensus EPS estimates, with three out of the last four quarters exceeding expectations. Investors should consider factors beyond earnings beats when evaluating stock performance.

Alphabet (GOOGL) in the Internet – Services industry is expected to report earnings per share of $2.12 for the quarter ending December 2024, with revenues projected at $81.38 billion. The company has consistently beaten consensus EPS estimates in the last four quarters, with an unchanged EPS estimate and an Earnings ESP of 5.96%.

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Read more at Nasdaq: Uber Technologies (UBER) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release