Uber's Q4 2024 Earnings: What Investors Need to Know

Uber Technologies, Inc. (NYSE: UBER) has announced that it will hold its quarterly conference call to discuss its fourth quarter and full year 2024 financial results on Wednesday, February 5th at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). The live webcast of the conference call and earnings release materials will be available on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days.

As investors await Uber's Q4 2024 earnings, it is essential to consider the key financial metrics and recent developments that may impact the company's performance. Here's what investors need to know:

1. Gross Bookings and Revenue Growth: Uber's Q4 2024 guidance for Gross Bookings is $42.75 billion to $44.25 billion, representing 16% to 20% year-over-year (YoY) growth on a constant currency basis. Revenue is expected to grow by 12.7% YoY. Investors should pay close attention to these metrics, as they indicate the demand for Uber's services and the company's ability to generate revenue.
2. Adjusted EBITDA and Profitability: Uber expects Adjusted EBITDA to be between $1.78 billion and $1.88 billion, representing 39% to 47% YoY growth. This growth rate is lower than the previous quarter's 55% YoY growth, which could indicate a decrease in operating leverage. Investors should monitor Uber's profitability and its ability to generate cash from operations.
3. Earnings per Share (EPS): Analysts forecast UBER to report EPS of $1.91 per share for fiscal 2024, up 119.5% from $0.87 per share in fiscal 2023. This significant increase in EPS reflects Uber's strong earnings growth and improved profitability.
4. Market Cap and Stock Price: As of writing, UBER is trading below the average analyst price target of $91.31. Investors should consider Uber's market cap and stock price relative to its peers and historical performance when evaluating the company's valuation.
5. Risks and Challenges: Investors should be aware of the primary risks and challenges facing Uber in the coming quarters, such as the slowdown in the core ride-hailing business, increased competition from Waymo, currency headwinds, business model changes, and regulatory and legal challenges. These risks could impact Uber's financial performance by affecting revenue growth, profitability, and market share.




In conclusion, investors should closely monitor Uber's Q4 2024 earnings results, focusing on key financial metrics and recent developments. By staying informed about the company's performance and the risks it faces, investors can make more informed decisions about Uber's future prospects. As always, investors are reminded to do their own due diligence and not rely on the information provided as financial advice.