Uber Profit Forecast Misses Estimates
Uber forecast fourth-quarter profit below expectations due to driver shortages and higher costs. The ride-hailing company also reported slower quarterly revenue growth.
Perspectivas:
Uber forecast fourth-quarter adjusted profit below Wall Street expectations on Wednesday, weighed down by driver shortages and regional conflict. The ride-hailing platform projected adjusted profit of 95 cents to 99 cents per share, missing consensus estimates of $1.06 per share. The profit miss signals rising operational headwinds as the company ramps up spending on autonomous vehicles and driver retention.
