Uber Likely To Report Q3 Profit; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Grand News Network | November 7, 2023

Uber Technologies, Inc. (NYSE: UBER) is projected to release financial results for its third quarter, before the opening bell on Nov. 7, 2023.

Analysts expect the company to post quarterly earnings at 12 cents per share, compared to a year-ago loss of 61 cents per share. The company’s revenue might come in at $9.52 billion, compared to $8.12 billion in the year-ago period.

Uber recently entered into a settlement agreement with the New York State Department of Labor to help assure that eligible drivers and couriers can get unemployment benefits.

Uber shares gained 0.8% to close ...

Full story available on Benzinga.com

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