Investing.com - Uber Tech reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Uber Tech announced earnings per share of $0.58 on revenue of $3.93B. Analysts polled by Investing.com anticipated EPS of $-0.5417 on revenue of $3.74B.
Uber Tech shares are up 21.7% from the beginning of the year and are trading at $39.55 , down-from-52-week-high.They are outperforming the S&P 500 which is up 17.19% from the start of the year.
Uber Tech shares lost 5.41% in after-hours trade following the report.
Uber Tech follows other major Industrials sector earnings this month
Uber Tech's report follows an earnings beat by United Parcel Service on Tuesday, July 27, 2021, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.81 on revenue of $23.19B.
Honeywell had beat expectations on Friday, July 23, 2021 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar