Lyft (LYFT)

How Will Uber Stock Prices React to Q1 Earnings?

How Will Uber Stock Prices React to Q1 Earnings?

Uber announced Q1 earnings yesterday and showed mixed results, with better than expected earnings, but a miss on revenue predictions. Gross bookings, which include both passenger related and food-related orders, were at an all-time high.

Uber Rides Down as Food Deliveries Grow

Uber Rides Down as Food Deliveries Grow

In their Q4 2020 earnings release, Uber announced ride-hailing bookings were down by 47% from the same quarter in 2019. However, Uber Eats, the company’s restaurant delivery arm saw bookings rise by 130% for the same period.

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