Uber Shares Up 4% Following Q3 Results
<p><a href='https://financialmodelingprep.com/financial-summary/UBER'>Uber Technologies, Inc. (NYSE:UBER) </a>shares were trading around 4% higher Friday afternoon, following the company’s provided Q3 results, with EPS coming in at  (0.23), compared to the consensus estimate of (0.37).</p>
<p>According to the analysts at Oppenheimer, Q3 results showed the benefits associated with the previous quarter’s aggressive push on driver incentives and the advantages of being a SuperApp.</p>
<p>Quarterly total revenues came in at $4,845 million, beating the consensus estimate of $4,418.8 million. While GB was mostly in line, Mobility/Delivery revenue surpassed Street by 10%/14%, as take-rates expanded 358bps/224bps quarter-over-quarter, respectively. </p>
<p>Now that Food Delivery is profitable, the analysts think investors will support non-food expansion, leveraging Mobility/Eats user base, driving greater efficiency than peers. </p>

NYSE:UBER