Will UBER's EPS momentum continue next quarter?

**Uber's EPS momentum is likely to continue next quarter**, and here's why: 1. **Expected EPS Growth**: Analysts anticipate that Uber will report an EPS of $0.51 for the upcoming quarter, which would mark a significant year-over-year rise of 259.38%. This indicates a strong earnings momentum that could carry over to the next quarter. 2. **Revenue Projection**: Concurrently, the consensus estimate for revenue is $11.61 billion, reflecting a 14.58% increase from the same quarter last year. The combination of EPS growth and revenue expansion suggests a strong financial performance, which could persist into the next quarter. 3. **Recent Performance Trends**: Uber has recently experienced a strong total shareholder return of 22% over the last quarter, driven by strategic partnerships and cost-cutting efforts. These positive developments are indicative of effective management and operational efficiency, which could translate into continued EPS momentum. 4. **Market Sentiment and Analyst Optimism**: Despite short-term market fluctuations, Uber's stock has outpaced the S&P 500's performance, and the company has received positive analyst coverage. This sentiment is bolstered by the fact that Uber has surpassed Wall Street's bottom-line estimates in two of the past four quarters, suggesting a track record of exceeding expectations. 5. **Strategic Initiatives**: Uber's expansion into diverse delivery services and its focus on innovation in autonomous vehicles and fleet electrification are expected to boost revenues and reduce costs. These strategic initiatives could contribute to sustained EPS growth in the coming quarters. In conclusion, given the projected EPS growth, revenue expansion, recent performance trends, market sentiment, and strategic initiatives, Uber's EPS momentum is poised to continue into the next quarter.