Uber earnings report on Feb 8, 2022 expected to meet expectations

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Uber earnings report on Feb 8, 2022 expected to meet expectations

Uber UBER is expected to report its Q 4, 2022 earnings on February 8 before the market opens.

Here's what analysts are expecting from the ride-hailing giant, as compiled by Bloomberg:

Expectations are high for Uber as it is widely expected that the company will meet, if not surpass, analysts' expectations, as the company is expected to meet, if not surpass, analysts' expectations.

Raymond James analyst Aaron Kessler wrote on February 6. We expect largely inline 4 Q results based on industry data, but expect the focus for investors to be on guidance and EBITDA leverage in 2023, according to Raymond James analyst Aaron Kessler. We remain positive on Uber, given our expectation of continued mobility recovery. The ride-hailing giant's odds of having a good day are boosted by the fact that mobility isn't only recovering driver supply is up after a long shortage.

Evercore analyst Mark Mahaney recently wrote in a note to investors that we view evidence of ongoing recovery in driver supply as a likely boost to the company's take rate and Ebitda margin for Q4, as one key input. We remain cautious on the Delivery segment because we haven't seen clear evidence of this yet, though we haven't seen clear evidence of it yet. Rival Lyft LYFT is due to report its own earnings on February 9, so the pressure is on for both companies, whose results will undoubtedly draw comparisons.

Uber's shares have declined by 9% over the last 12 months. The stock of the company has gone up by about 37% in the last few months of 2023.

Allie Garfinkle is a senior tech reporter at Yahoo Finance.