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UBER - Where Will Uber Technologies Stock Be in 1 Year?
Uber Technologies Inc.
Uber Technologies (NYSE: UBER) posted its fourth-quarter report on Feb. 8. The ride-hailing and food delivery company's revenue rose 49% year over year to $8.6 billion, which beat analysts' estimates by $90 million.
Its net income fell 33% to $595 million, or $0.29 per share, but cleared the consensus forecast by $0.45. But excluding a $756 million pre-tax benefit from its unrealized investment gains, Uber would have posted a net loss.