Uber earnings Q4 2021


Uber reported fourth-quarter earnings after the bell on Wednesday. The company beat analyst estimates on revenue for the quarter and said it’s starting to bounce back from headwinds caused by the omicron coronavirus surge.

The company’s stock was up more than 6% in after-hours trading.

Here are the key numbers:

  • Earnings per share: 44 cents
  • Revenue: $5.78 billion vs. $5.34 billion, according to a Refinitiv survey of analysts.

The company reported a net income of $892 million, which includes a $1.4 billion net benefit, pretax, related to its equity investments. Uber’s EPS of 44 cents includes that big investment gain. Excluding it, Uber posted a loss of 26 cents per share, adjusted, according…

Source cnbc.com

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