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Uber's Q1 Earnings Reveal What The Market Still Doesn't Get
Seeking Alpha· 2025-05-08 02:25
Uber Technologies, Inc.’s (NYSE: UBER ) Q1 2025 report triggered a sharp reaction in the market, with the stock falling over 4% in pre-market trading. But if we zoom out from the slight revenue miss and look atI’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial modeling, and creating inve ...
Uber's Q1 Miss Is My Ticket To Add - Reiterating Buy
Seeking Alpha· 2025-05-08 00:28
It's been a minute since I last covered Uber Technologies, Inc. (NYSE: UBER ), which was back in February, when Uber was trading around $70 a share and I said buy. At Tuesday's close, before earnings, it was $86, upI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d ...
Uber One Hits 30 Million Subscribers, Drives Delivery Revenues 22% Higher
PYMNTS.com· 2025-05-07 23:41
Highlights Uber’s overall consumer base expanded 14% year over year to 170 million monthly active consumers. Uber’s membership program, Uber One, has reached 30 million subscribers and is highlighted as a significant driver of cross-selling and bookings, especially in the Delivery segment. Despite solid growth figures, shares initially declined due to the market interpreting forward-looking guidance as implying some deceleration in bookings growth. Uber’s membership program continues to drive cr ...
Rideshare Stock Slips on Q1 Revenue Miss
Schaeffers Investment Research· 2025-05-07 23:17
Rideshare stock Uber Technologies Inc (NYSE:UBER) is down 1.4% at $84.65 at last glance, after the company's mixed first-quarter results. Earnings of 83 cent per share beat the Zacks Research estimate of 51 cents per share, while revenue of $11.53 billion slightly missed expectations. Today's drop has UBER looking to snap a three-day win streak. The stock hovered around $86.50 at its highs during the last two sessions, but failed to extend its Oct. 11 record high of $87. Today, former pressure at the $80 le ...
Uber invests $100M in WeRide to fuel robotaxi expansion across 15 more cities
TechCrunch· 2025-05-07 23:14
Uber and Chinese autonomous vehicle technology company WeRide plan to expand a commercial robotaxi partnership and bring the service to another 15 cities over the next five years. The expansion comes five months after the two companies launched a commercial robotaxi service in Abu Dhabi. As part of that expansion, Uber will increase its investment into WeRide by $100 million, according to a Wednesday regulatory filing. WeRide said it expects the cash to come through by the second half of 2025. The compani ...
Uber CEO tells staff ‘it is what it is' on return to office, benefits changes
New York Post· 2025-05-07 22:50
Uber CEO Dara Khosrowshahi told outraged staffers “it is what it is” during a heated meeting as they pushed back on a stricter return-to-office policy and additional sabbatical requirements.The ride-share giant last week raised its in-office requirement to three days a week, up from two, and took remote work approval away from some staffers, according to CNBC. It also raised the requirement for its popular paid monthlong sabbatical benefit from five years at the company to eight, according to the report. 4 ...
Uber (UBER) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-07 22:36
For the quarter ended March 2025, Uber Technologies (UBER) reported revenue of $11.53 billion, up 13.8% over the same period last year. EPS came in at $0.83, compared to -$0.32 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $11.6 billion, representing a surprise of -0.61%. The company delivered an EPS surprise of +62.75%, with the consensus EPS estimate being $0.51.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...
Uber shares fall as Q1 revenue, bookings miss estimates despite strong profit
Proactiveinvestors NA· 2025-05-07 21:52
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Uber Technologies (UBER) Beats Q1 Earnings Estimates
ZACKS· 2025-05-07 21:05
公司业绩表现 - 季度每股收益为0.83美元,超出市场预期的0.51美元,同比增长从去年同期的每股亏损0.32美元转为盈利 [1] - 季度营收为115.3亿美元,略低于市场预期的0.61%,但较去年同期的101.3亿美元增长13.8% [2] - 过去四个季度中,公司四次超出每股收益预期,三次超出营收预期 [2] 股价表现与市场对比 - 年初至今股价累计上涨42.3%,同期标普500指数下跌4.7% [3] - 当前Zacks评级为3(持有),预计短期内表现与市场同步 [6] 未来业绩预期 - 下一季度共识预期为每股收益0.60美元,营收123亿美元 [7] - 当前财年共识预期为每股收益2.51美元,营收504.2亿美元 [7] 行业对比 - 所属互联网服务行业在Zacks行业排名中处于后43% [8] - 同行业公司Sprout Social预计季度每股收益0.15美元(同比增长50%),营收1.0758亿美元(同比增长11.2%) [9][10]
Uber(UBER) - 2025 Q1 - Earnings Call Transcript
2025-05-07 21:00
财务数据和关键指标变化 - 月度活跃消费者增长14%,达到1.7亿 [5] - 出行次数增长18%,留存率创全球历史新高 [5] - 总预订量与出行次数同步增长,受移动出行业务和配送业务的推动 [6] - 第一季度调整后息税折旧摊销前利润(EBITDA)达到19亿美元,同比增长35%,自由现金流达到23亿美元 [6] - 配送业务利润率达到总预订量的3.7%,较去年同期提升70个基点 [42] - 第一季度配送业务的增量利润率为9% [44] 各条业务线数据和关键指标变化 移动出行业务 - 过去三个季度出行次数同比增长约19%,预计第二季度情况类似 [33][103] - 稀疏市场出行量占移动出行业务总量的20%,且增长速度快于核心市场 [35] 配送业务 - 杂货和零售业务在去年第四季度实现可变贡献收支平衡,第一季度开始在可变贡献层面实现增长 [43] - 会员计划拥有3000万会员,配送业务的会员渗透率超过60%,部分市场达到70%以上 [82] 各个市场数据和关键指标变化 - 美国市场竞争激烈,公司在多数运营市场中处于领先地位,配送业务的杂货和零售业务本季度加速增长,食品配送行业出现整合 [22] - 在欧洲市场,公司认为在英国通过有机增长成为外卖业务的第一名,法国是重要市场,德国市场有很大潜力 [85][86] 公司战略和发展方向和行业竞争 公司战略和发展方向 - 与Waymo在奥斯汀合作推出约100辆自动驾驶汽车,宣布五项自动驾驶合作计划,将在美国、欧洲和中东部署 [6][7] - 与OpenTable合作,整合餐饮、配送和交通服务;与达美航空的SkyMiles计划合作上线 [7] - 收购Trendy Algo,以推动在土耳其的未来增长 [7] - 利用大型语言模型改善餐厅和杂货搜索体验,与领先的大语言模型公司合作,打造无缝愉悦的用户体验 [94] 行业竞争 - 移动出行市场,美国国内有强劲竞争对手Lyft,国际上在欧洲和拉丁美洲也面临竞争;配送业务在美国市场竞争激烈 [20][21][22] - 欧洲市场有竞争对手进行无机扩张,公司更倾向于有机扩张 [86] 管理层对经营环境和未来前景的评论 - 公司在今年开局强劲,各业务板块表现良好,预计第二季度将延续强劲的营收增长和更高的盈利能力,为下半年的旺季做好准备 [5][7] - 宏观层面未观察到明显的负面信号,公司所处的餐饮、交通、杂货等行业在宏观不确定时期相对稳定 [61][63] - 自动驾驶技术发展迅速,创新令人鼓舞,预计未来十年新车将配备四级或五级自动驾驶功能 [72] 其他重要信息 - 保险成本方面,美国移动出行保险成本在今年剩余时间将是个较小的不利因素,公司通过安全技术创新、政策推动等方式降低成本 [52][53][54] - 公司在定价方面,看到与过去类似的弹性,随着保险成本压力缓解,希望继续为消费者提供合理价格 [14] 总结问答环节所有的提问和回答 问题1:移动出行业务在保持低价时的价格弹性以及奥斯汀自动驾驶汽车的利用率情况 - 价格弹性与过去类似,有短期和长期弹性,随着保险成本压力缓解,公司对定价结果满意;奥斯汀的自动驾驶汽车利用率很高,平均每辆车每天的出行次数比99%的奥斯汀司机都多,公司将继续增加车辆数量并计划在亚特兰大等地区扩展 [14][15][16] 问题2:移动出行和配送业务的竞争格局以及特定地区的竞争强度 - 全球市场竞争激烈,移动出行在美国有Lyft等竞争对手,国际上也面临竞争;配送业务在美国市场竞争激烈且行业有整合趋势;公司在多数市场处于领先地位,凭借全球布局和独特平台有竞争力 [20][21][22] 问题3:奥斯汀自动驾驶汽车与人类司机如何匹配供需以增加Uber整体业务量,以及美国移动出行业务的增长情况和郊区与城市的趋势 - 奥斯汀目前专注于确保每日服务体验,会增加车队规模,长期目标是提供可靠服务以吸引更多消费者;美国移动出行业务过去三个季度出行次数同比增长约19%,预计第二季度类似,稀疏市场增长快于核心市场 [29][30][33][35] 问题4:配送业务利润率情况,以及杂货和零售业务的利润率扩张节奏和餐厅利润率高的原因 - 配送业务利润率达到总预订量的3.7%,较去年同期提升70个基点,主要由广告和规模效应推动;杂货和零售业务有很大增长潜力,第一季度增量利润率为9%;公司会平衡盈利能力和营收增长 [42][43][44] 问题5:保险成本压力是否已过去,以及自动驾驶领域除Waymo外接近其规模的公司 - 美国移动出行保险成本在今年剩余时间将是较小的不利因素,公司通过安全技术创新、政策推动等方式降低成本;自动驾驶领域有很多有潜力的公司,如中国的WeRide、Pony、百度等,还有与公司合作的Main Mobility、VW、Momenta等 [52][53][50] 问题6:宏观因素对移动出行和配送业务的影响,以及旧金山和洛杉矶的竞争情况 - 宏观层面未观察到明显负面信号,受众增长和频率稳定,公司会调节价格上涨;旧金山和洛杉矶的竞争环境稳定,公司支持旧金山市长的发展计划 [61][62][64] 问题7: affordability举措和保险成本对移动出行利润率的影响,以及自动驾驶技术何时能实现规模化商业应用 - 公司致力于实现利润率的逐年稳步提升,但难以对下半年进行具体指引;自动驾驶技术发展迅速,创新令人鼓舞,预计未来十年新车将配备四级或五级自动驾驶功能 [69][70][72] 问题8:配送业务的affordability努力,以及欧洲市场的增长速度、竞争格局和整合情况 - 配送业务的affordability努力包括会员计划和商家资助优惠;会员计划有3000万会员,渗透率不断提高;商家资助优惠增加了商家的可见性和销售额;欧洲市场公司取得了良好成绩,在英国成为外卖业务第一名,法国和德国市场有潜力,公司更倾向于有机扩张 [81][82][85][86] 问题9:配送业务与大语言模型合作的可能性,以及稀疏市场移动出行的机会持续时间、对城市市场减速的抵消能力和利润率情况 - 公司在大语言模型应用方面处于早期实验阶段,主要关注改善用户体验,如餐厅和杂货搜索;稀疏市场移动出行有很大增长机会,目前20%的出行量来自稀疏市场且增长更快,投资成熟后利润率与其他市场相当 [93][94][97] 问题10:移动出行总预订量未来一年的减速情况,以及稀疏市场的出行频率机会与核心城市的比较 - 移动出行总预订量预计不会大幅减速,出行增长主要由受众增长驱动,后续需关注保险带来的定价机会;稀疏市场移动出行频率可能较低,但价格和利润率可能较高,配送业务在稀疏市场的频率持续增长 [103][104][108][109]