Uber EPS Estimate Cut 11.1% to $0.71 Drives Shares Down 11.7%
Uber shares have fallen 11.7% over the past month, underperforming the industry’s 8.7% decline, driven by an 11.1% reduction in its current-quarter EPS estimate to $0.71 (−14.5%). Consensus forecasts $13.27B in Q1 revenue (+15%) and full-year EPS of $3.34 (−37%), resulting in a Zacks Rank #3 Hold.
1. Recent Stock Performance
Uber shares have declined 11.7% over the past month, underperforming the Internet services industry’s 8.7% drop and the S&P 500’s 0.8% loss in the same period.
2. Earnings Estimate Revisions
Current-quarter EPS estimate has been cut by 11.1% to $0.71, reflecting a 14.5% year-over-year decline; full-year EPS is projected at $3.34 (−37%), while next fiscal year EPS is seen at $4.22 (+26.2%).
3. Revenue Forecasts
Analysts project $13.27 billion in Q1 revenue (+15%), with annual sales estimates of $58.16 billion (+11.8%) for the current fiscal year and $66.81 billion (+14.9%) in the next.
4. Valuation and Zacks Ranking
Uber holds a Zacks Rank #3 (Hold) alongside a Value Style Score of C, indicating its stock trades in line with peers following recent estimate revisions.