Uber Announces Results for Third Quarter 2020
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Uber (UBER) Tops Q3 EPS by 3c
November 5, 2020 4:09 PM ESTUber (NYSE: UBER) reported Q3 EPS of ($0.62), $0.03 better than the analyst estimate of ($0.65). Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.21 billion.
Gross Bookings declined to $14.7 billion, down 10% year-over-year, or 8% on a constant currency basis, with Mobility Gross Bookings declining 50% and Delivery Gross Bookings growing 135% year-over-year, respectively, on a constant currency basis.Revenue declined 18% year-over-year, or 17% on a constant currency basis. Mobility Revenue declined 53% year-over-year and Delivery Revenue grew 125% year-over-year.Adjusted Net Revenue (ANR) declined 20% year-over-year, Mobility ANR declined 52% year-over-year and Delivery ANR grew 190% year-over-year.... More