Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

UBER is 100% going to crush earnings

Uber has three major holdings:
Aurora Innovations (AUR)
Didi (DIDIY)
Grab (GRAB)
Investment gains during Q3
AUR $2.81 to $5.95, a 111.74% gain
DIDIY $4.02 to $4.74, a 17.91% gain
GRAB $3.53 to $3.80 a 7.65% gain
Number of Shares
AUR 326 million shares
DIDIY 575 million shares
GRAB 535 million share
Total gains for Q3
AUR - $1,023,640,000
DIDIY - $414,000,000
GRAB - $144,450,000.
Total gain: $1,582,090,000
Modeling Q3 2024 EPS
With approximately ~2billion shares outstanding, the net income just from their investments alone will be EPS of $.79. Any additional EPS from operations is gravy. I’m guessing earnings will come in around $1 per share - exceeding EPS estimates by 300%.
UBER is 100% going to crush earnings
The same thing happened back in Q4 2023. UBERS investments did well that quarter and the company blew out estimates. Looking back at Q4 2023 earnings as an indicator for this quarter, the stock moved from $67 to $81 within a week of earnings, a 20.9% gain.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
Translate
Report
2507 Views
Comment
Sign in to post a comment
    182Followers
    7Following
    1759Visitors
    Follow