Uber reports Q3 EPS 10c, consensus 11c

Reports Q3 revenue $9.3B, consensus $8.99B. Gross Bookings grew 21% year-over-year to $35.3B, or 20% on a constant currency basis, with Mobility Gross Bookings of $17.9B up 31% YoY, or 30% YoY constant currency, and Delivery Gross Bookings of $16.1B up 18% YoY, or 16% YoY constant currency. Trips during the quarter grew 25% YoY to 2.4B, or approximately 27 million trips per day on average. “Our relentless focus on improving the product experience for both consumers and drivers continued to power profitable growth, with trip growth accelerating to 25%,” said Dara Khosrowshahi, CEO. “Uber‘s core business is stronger than ever as we enter the busiest period of the year.”