Uber reported third-quarter results Tuesday that missed analysts' expectations on top and bottom lines but showed strength in other areas, like gross bookings, which exceeded the company's guidance from the second quarter.
Here's how the company did:Earnings per share: 10 cents vs. 12 cents expected by LSEG, formerly known as Refinitiv.
Uber reported adjusted EBITDA of $1.09 billion, up $576 million year-over-year and above the $1.02 billion expected by analysts polled by StreetAccount.
Gross bookings for the quarter came in at $35.3 billion, up 21% year over year and above the company's guidance last quarter.
The figure is also in line with the $1.28 billion Uber reported last quarter when Khosrowshahi told CNBC freight has remained a challenging spot for the company.
Persons:
Uber, Dara Khosrowshahi, StreetAccount, Gross, Khosrowshahi
Organizations:
GE, Chelsea Industrial, LSEG, Uber, Mobility, CNBC
Locations:
New York City