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Uber forecast for third quarter misses expectations

Uber said its third-quarter outlook would come in below what analysts expected, even as its latest quarterly results matched estimates.

Reported · Written up by our desk · Guidance

CNBC Markets reports that Uber posted results that were in line with analysts' expectations, but its forecast for the third quarter trailed what investors were looking for.

The outlet said the company's weaker-than-expected bookings and earnings guidance in the quarter ahead were a key focus, with the gap centered on guidance rather than the most recent quarter's headline performance.

CNBC World and CNBC Earnings also highlighted that Uber's earnings themselves met expectations, while the third-quarter outlook underperformed.

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