Uber: Great Fundamentals And Growth Strategy For The Long-Term
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Nordberg Research39 FollowersFollow5ShareSavePlay(16min)CommentsSummaryUber delivered a significant earnings beat, but shares declined 10% post-report due to AV concerns and a prudent forecast.UBER's operating income missed estimates, impacted by a one-time $479 million legal/regulatory charge.Q4 guidance aligned with expectations, leading to cautious investor sentiment despite strong YoY growth in trips and MAPCs.Concerns over the autonomous vehicle program's effect on margins and freight segment losses are overstated.Uber offers a good investment for long-term investors seeking to benefit from strong financials and Uber's ability to adapt to a changing market. MOZCO Mateusz Szymanski/iStock Editorial via Getty Images The Business Last month, Uber Technologies Inc. (UBER) reported a massive earnings beat of $2.42 above estimates of $0.69. During its third quarter, the platform also saw a 22% YoYThis article was written byNordberg Research39 FollowersFollowAll Nordberg Research articles are authored purely by myself. And all my articles are also purely exclusive to seeking Alpha. I have been working in the investment analysis area for quite some time now and have recently published my own book on investing concepts titled “Familiar Finance.” I have decided to start publishing articles on Seeking Alpha to help myself and others make sense of some unorganized and scattered knowledge floating throughout the financial world whenever I can. I hope you appreciate reading my articles as much as I did writing them and that they can give you some insight into rocky stocks or maybe some clarity in complicated times. Currently, my investments primarily sit in US stocks with a few international ones in Europe and Asia. I am also mainly a stock investor, usually tending to avoid bonds. Occasionally, I will invest in high yield accounts for protection and safety. I have decided to start publishing articles on Seeking Alpha to help myself and others make sense of some unorganized and scattered knowledge floating throughout the financial world whenever I can. I hope you appreciate reading my articles as much as I did writing them and that they can give you some insight into rocky stocks or maybe some clarity in complicated times. I tend to keep my articles at a medium to long sized length. I usually review stocks in a fundamental and opinion guided analysis. Enjoy!Analyst’s Disclosure:I/we have a beneficial long position in the shares of UBER either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.