UBER CEO Targets 700 Fully Driverless Vehicles By Year-End, Over 2,000 By 2027 – Sees Q4 EPS Between $0.95 And $0.99

Uber reported Q3 revenue of $14.77 billion, exceeding Wall Street estimates of $14.66 billion, according to Fiscal.ai Q3 gross bookings increased 20% to $59.82 billion.

Uber expects gross bookings between $63.25 billion and $65.25 billion in Q4.

Uber Technologies (UBER) was on investors’ radar on Wednesday, after the ride-hailing giant announced a better-than-expected third-quarter topline, amid a ramp-up in its autonomous vehicle business.

Q3 Gross Bookings Rise 20% Uber reported Q3 revenue of $14.77 billion, up 10%, and exceeding Wall Street estimates of $14.66 billion, according to Fiscal.ai.

Uber’s gross bookings in Q3 increased 20% to $59.82 billion, driven by 18% growth in mobility bookings and 22% growth in delivery bookings.