Uber Technologies, Inc. (UBER) Q1 2020 Earnings Results

Uber Misses on EPS, Stock Up 11.18%

Despite reporting a significant loss per share, Uber's stock rose by 11.18% following the earnings announcement. This increase may reflect investor optimism about potential recovery and management's focus on cost management. The lack of revenue details and forward guidance leaves some uncertainty about the company's future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$-2.26	N/A	-187.17%

Management

Management commentary

Tone: Defensive

Management expressed concern over the current market conditions due to the pandemic. They are prioritizing cost control measures to navigate these challenges.

Management acknowledged the significant impact of COVID-19 on operations.

They emphasized a focus on cost management and operational efficiency.

Uber Misses on EPS, Stock Up 11.18%

Key numbers

Management commentary

Uber Technologies, Inc.

More earnings this week

Uber Misses on EPS, Stock Up 11.18%

Key numbers

Management commentary