Uber Technologies (UBER) Set to Announce Earnings on Thursday

Uber Technologies (NYSE:UBER) will release its earnings data after the market closes on Thursday, May 30th. Analysts expect Uber Technologies to post earnings of ($2.39) per share for the quarter.

Shares of UBER opened at $40.95 on Wednesday. Uber Technologies has a 12 month low of $36.08 and a 12 month high of $45.00.

Several brokerages have commented on UBER. Wedbush reiterated a “buy” rating and set a $65.00 target price on shares of Uber Technologies in a research note on Tuesday. Cross Research began coverage on Uber Technologies in a research note on Tuesday. They set a “hold” rating on the stock. New Street Research began coverage on Uber Technologies in a research note on Thursday, May 23rd. They set a “buy” rating and a $50.00 target price on the stock. Susquehanna Bancshares began coverage on Uber Technologies in a research note on Tuesday, May 21st. They set a “neutral” rating and a $42.00 target price on the stock. Finally, Consumer Edge began coverage on Uber Technologies in a research note on Tuesday, May 21st. They set an “equal weight” rating on the stock. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $53.00.

TRADEMARK VIOLATION WARNING: This story was reported by Enterprise Leader and is owned by of Enterprise Leader. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://theenterpriseleader.com/2019/05/29/uber-technologies-uber-set-to-announce-earnings-on-thursday.html.

Uber Technologies Company Profile

Uber Technologies, Inc develops and supports proprietary technology applications that enable independent providers of ridesharing, and meal preparation and delivery services to transact with riders and eaters worldwide. The company operates in two segments, Core Platform and Other Bets. Its driver partners provide ridesharing services through a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis, as well as based on the number of riders under the UberBLACK, UberX, UberPOOL, Express POOL, and Uber Bus names; and restaurant and delivery partners provide meal preparation and delivery services under the Uber Eats name.

See Also: Why Net Income is Important to Investors

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.