Currency Headwinds Cool Uber Bookings Outlook -- Market Talk

Dow Jones
02-05

0755 ET - Uber says it expects gross bookings in the current quarter of $42 billion-$43.5 billion, with the top end of that range coming in line with Wall Street's consensus view, according to FactSet. The 1Q outlook assumes a currency headwind to total growth of about 5.5 percentage points, the ride-hailing company says. Shares fall 5.3% premarket, despite 4Q results otherwise coming in ahead of Street views. (mark.long@wsj.com)

(END) Dow Jones Newswires

February 05, 2025 07:55 ET (12:55 GMT)

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