Uber Tech Earnings, Revenue miss in Q4 By Investing.com

Uber (NYSE:UBER) Tech reported on Wednesday fourth quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.

Uber Tech announced earnings per share of $-0.54 on revenue of $3.17B. Analysts polled by Investing.com anticipated EPS of $-0.5298 on revenue of $3.61B.

Uber Tech shares are up 23.88% from the beginning of the year and are trading at $63.18 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.

Uber Tech follows other major Technology sector earnings this month

Uber Tech’s report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.

Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar