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Uber Stock Falls After Earnings. Gross Bookings Outlook Disappoints. - Barron's

1. Uber's Q4 revenue rose 20% to $12 billion, exceeding estimates. 2. Net income included $6.4 billion tax benefit and unrealized gains. 3. Operating income missed estimates, reported at $770 million. 4. Q1 projections indicate 17-21% growth, but below analyst expectations. 5. Shares fell 4.9% premarket due to mixed earnings data.

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FAQ

Why Bearish?

Uber's operating income miss signals potential operational challenges ahead; similar past quarterly misses often led to price drops.

How important is it?

The article directly discusses Uber's earnings and outlook, critical for stock valuation.

Why Short Term?

Immediate stock reactions are likely due to mixed earnings results; historical trends show quick market adjustments.

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