Uber issues weaker-than-expected bookings, earnings forecasts for third quarter

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Dara Khosrowshahi, CEO of UBER, speaking on CNBC's Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBCUber issued a forecast for bookings and earnings that trailed analysts' estimates, while second-quarter profit was in line with expectations. Here's how the company did versus analysts' estimates compiled by LSEG:Earnings per share: 81 cents vs. 81 cents expectedRevenue: $14.19 billion vs. $14.24 billion expectedRevenue increased 12% from $12.65 billion a year earlier. Net income climbed to $2.39 billion, or $1.17 a share, from $1.35 billion, or 63 cents a share, a year ago. Uber's core mobility service accounted for $7.36 billion of second-quarter sales, while delivery revenue reached $5.25 billion. Mobility gross bookings climbed 22% from a year to $28.99 billion, and delivery bookings increased 26% $27.46 billion. Total bookings of $58 billion topped the $57.23 billion average analyst estimate, according to StreetAccount. For the third quarter, Uber sees bookings of $59.25 billion at the middle of its range. That trails the average StreetAccount estimate of $59.33 billion. And the company's EPS forecast of 84 cents to 88 cents fel...

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