Uber Technologies (UBER Quick QuoteUBER - Free Report) reported $10.7 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 15.9%. EPS of $0.47 for the same period compares to $0.18 a year ago.

The reported revenue represents a surprise of +1.34% over the Zacks Consensus Estimate of $10.56 billion. With the consensus EPS estimate being $0.31, the EPS surprise was +51.61%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Uber performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Gross Bookings - Total

  : $39.95 billion versus $39.67 billion estimated by 10 analysts on average.

• Gross Bookings - Delivery

  : $18.13 billion versus the eight-analyst average estimate of $18.05 billion.

• Gross Bookings - Mobility

  : $20.55 billion compared to the $20.33 billion average estimate based on eight analysts.

• Gross Bookings - Freight

  : $1.27 billion versus the eight-analyst average estimate of $1.26 billion.

• Monthly Active Platform Consumers (MAPCs)

  : 156 compared to the 155 average estimate based on seven analysts.

• Revenue Margin - Delivery

  : 18.2% versus the six-analyst average estimate of 18.4%.

• Trips

  : 2,765 versus 2,735 estimated by six analysts on average.

• Revenue Margin - Mobility

  : 29.8% versus 29.5% estimated by six analysts on average.

• Revenue- Mobility

  : $6.13 billion versus the seven-analyst average estimate of $5.97 billion. The reported number represents a year-over-year change of +25.3%.

• Revenue- Freight

  : $1.27 billion versus $1.26 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -0.5% change.

• Revenue- Delivery

  : $3.29 billion versus $3.33 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +7.7% change.

• Adjusted EBITDA- Mobility

  : $1.57 billion compared to the $1.55 billion average estimate based on six analysts.

View all Key Company Metrics for Uber here>>>

Shares of Uber have returned -17.9% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.