The ride-hailing company Uber Technologies beat quarterly earnings estimates and gave positive guidance on Tuesday, which caused shares of the company to rise.
FactSet says that Uber made 47 cents a share in the second quarter, which was more than the 31 cents that Wall Street expected. Revenue of $10.7 billion was more than the $10.57 billion that most people thought it would be. The company said that mobility and delivery brought in 25% and 8% more money, respectively, while goods brought in the same amount of money.
