Uber Stock Dips 9% After Q1 Earnings, JPMorgan Analyst Says Pullback Overdone
Uber Stock Dips 9% After Q1 Earnings, JPMorgan Analyst Says Pullback Overdone
JPMorgan analyst Doug Anmuth reiterated an Overweight rating on Uber Technologies, Inc. (NYSE:UBER) after the company reported fiscal first-quarter 2024 revenue growth of 15% year-on-year to $10.10 billion.
摩根大通分析师道格·安默斯重申了对优步科技公司（纽约证券交易所代码：UBER）的增持评级，此前该公司报告2024财年第一季度收入同比增长15％，达到101.0亿美元。
The company beat the high end of the EBITDA guide for the eleventh straight quarter, Anmuth writes, with the metric being 3% ahead of the top end of the $1.26 billion-$1.34 billion guidance.
安默斯写道，该公司连续第11个季度超过息税折旧摊销前利润指南的最高水平，该指标比12.6亿美元至13.4亿美元的预期值高出3％。
Following the quarterly results, the analyst writes Uber can continue to grow the Delivery category profitably as it looks to improve network efficiencies, scale advertising, and strengthen marketing and incentive optimization.
根据季度业绩，该分析师写道，优步可以继续以盈利的方式增长配送类别，因为它希望提高网络效率，扩大广告规模，加强营销和激励措施优化。
Uber continues to drive cross-selling from Delivery to Grocery & Retail. Some 15% of Delivery users now order from Grocery & Retail, the analyst notes.
优步继续推动从配送到杂货和零售的交叉销售。分析师指出，现在约有15％的送货用户从杂货和零售店订购。
According to the analyst, divestiture of certain Careem's non-ridesharing business (recorded in the Mobility segment) also impacted Mobility GB growth by $150 million, or ~100bps year over year.
根据分析师的说法，剥离Careem的某些非拼车业务（记录在出行领域）也影响了Mobility GB的1.5亿美元，同比增长约100个基点。
In the first quarter, UberX Share grew 6x year over year, as Uber continues to optimize the product, the analyst adds.
分析师补充说，在第一季度，由于优步继续优化产品，UberX股价同比增长了6倍。
The company's solid FXN growth encourages Anmuth. Strong mobility profitability, acceleration in delivery, and increased focus on profits and FCF are evident in the numbers.
该公司在FXN的稳健增长鼓励了Anmuth的发展。强劲的出行盈利能力、交付的加速以及对利润和FCF的更多关注在数字中显而易见。
The analyst highlighted that Uber reached a milestone on the supply side. Over one million merchants are now on the platform.
这位分析师强调，优步在供应方面达到了一个里程碑。该平台上现在有超过一百万的商家。
However, the company's shares slumped following the results. The analyst views that the initial sell-off on results is overdone.
但是，业绩公布后，该公司的股价暴跌。分析师认为，最初的业绩抛售过分了。
Price Action: UBER shares are trading lower by 9.01% to $64.03 at last check Wednesday.
价格走势：在周三的最后一次检查中，优步股价下跌9.01％，至64.03美元。
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译文内容由第三方软件翻译。