Currency Headwinds Cool Uber Bookings Outlook -- Market Talk

Dow Jones

2025/02/05

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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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. 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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. 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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) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 05, 2025 07:55 ET (12:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}