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Uber: Q2 Earnings Snapshot
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SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Uber Technologies Inc. (UBER) on Wednesday reported second-quarter net income of $2.39 billion.

The San Francisco-based company said it had profit of $1.17 per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.

The ride-hailing company posted revenue of $14.19 billion in the period, missing Street forecasts. Eleven analysts surveyed by Zacks expected $14.21 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UBER at https://www.zacks.com/ap/UBER

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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