Uber: Consensus Q2 Estimates Point To $3.74 Billion In Revenue

Uber (NYSE: UBER) will be reporting its second quarter financial results after the market close today. Analysts have a consensus $69.11 12-month price target on the company, via a total of 44 analysts, with 17 analysts having strong buy ratings, 21 analysts having buy ratings, 5 have hold ratings and one analyst has a sell rating. The street high comes in at a $80 from Cowen and Company, and the lowest target sits at $30 from Zephirin Group.

25 analysts have revenue estimates for the second quarter. The mean revenue estimate between all 25 analysts is $3.74 billion; this number has been revised down from $4.36 billion at the start of the year. The highest revenue estimate is $4.07 billion, while the lowest is $3.37 billion.

The analyst consensus for net income for the second quarter is -$940.6 million, which is up from the start of the year at -$758.2 million. The highest net income estimate is -$723 million, while the lowest is -$1.29 billion.

Onto EBITDA estimates, there are currently 29 analysts who have second quarter EBITDA estimates. The mean is currently -$324.25 million, with this number having been revised down from -$167.6 million at the start of the year. The street high estimate currently sits at -$164 million in EBITDA and the lowest is -$574 million.

Analysts estimate that quarterly earnings per share will come in at -$0.51, with this number being revised slightly lower from -$0.43 at the start of the year. The street high is -$0.36 and the lowest estimate is -$0.71 per share for the quarter.

Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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