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Uber Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Uber Technologies (NYSE:UBER)

1. Uber's Q4 earnings expected at 50 cents per share, down from 66 cents. 2. Projected revenue for Q4 is $11.77 billion, up from $9.94 billion last year. 3. Gross bookings grew by 16% to $40.97 billion in Q3, but slower growth. 4. User base rose to 161 million, marking a 13.4% year-over-year growth. 5. UBS maintained a Buy rating but reduced the price target to $107.

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FAQ

Why Neutral?

While Uber's revenue growth is positive, earnings decline raises concerns. Similar earnings declines have preceded volatile stock movements historically.

How important is it?

Earnings reports significantly impact stock prices and investor sentiment. Current expectations set the stage for future performance discussions.

Why Short Term?

Earnings announcements often cause immediate market reactions. Past earnings results have affected stock prices quickly.

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