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Uber Q3 2022 Earnings Preview


Uber Technologies UberCab (formerly UberCab), is an American company that provides technology platforms for mobility. Its services can be divided into three major segments: mobility (connecting consumers to drivers offering a range of vehicles), delivery (searching for and finding local restaurants, ordering and picking up food at restaurants and grocery stores, as well as other delivery options) and freight (connecting shippers and carriers using proprietary technology, industry-changing experience, and brand awareness). The company will announce its third-quarter 2022 earnings results. Tuesday, November 1 Before the market opens.

Fig 1:Uber’s annual revenue by market segment in billions of dollars. Source Apps for Business

Uber Technologies’ sales revenue fell -21% year over year in 2020, heavily impacted by the coronavirus pandemic. Until the first half of 2021, when the lockdown restrictions were in place, most of the company’s revenue came from the delivery segment. The distribution segment’s annual revenue was 8.3 billion ($4.8 billion in 2020) and the mobile segment was 7.5 billion ($7.9 billion in…

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