Uber's Strong Q4 Offset By $1.1 Billion Forex Headwind, Currency Devaluation: Ongoing Tariff Wars Drive Weak Q1 Outlook - SPDR S&P 500 (ARCA:SPY), Uber Technologies (NYSE:UBER)
1. Uber's Q4 EPS fell 52.1% below expectations at 23 cents. 2. The stock dropped 7.56% post-earnings due to FX headwinds. 3. Q4 gross bookings were up 21% to $44.2 billion, surpassing estimates. 4. Expectations for Q1 gross bookings lowered to $42-43.5 billion. 5. CEO predicts strong growth despite ongoing currency challenges.