Uber Stock: Why Shares Dropped Despite Crushing Earnings Estimates

TLDR Uber reported Q3 EPS of $1.20, crushing analyst estimates of $0.69, with revenue rising 20% to $13.47 billion The company’s Uber One membership program is driving higher cross-platform usage, with multi-service users spending three times more than single-service customers Delivery segment sales jumped 29% in Q3, outpacing the 20% growth in mobility revenue as [...]

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