Gross bookings grew 16% over the year. Revenue came in at 9.2 billion, that missed expectations by a cool 100 million. The chief financial officer is leaving in January and their freight revenue declined by 30%. They seem to be doing better than lift. I am waiting for Uber piggyback ride.
For the first time ever, Uber reported an operating profit. Staying in the green is a different story.
(00:21) Ricky Mulvey and Bill Mann discuss: - Uber’s long-term vision. - If the ride hailing app deserves a victory lap. - A mortgage REIT paying investors a 14% dividend. - Overstock’s “brilliant” rebrand to Bed, Bath, and Beyond.
Plus, (15:15) Robert Brokamp and Megan Brinsfield discuss common tax myths for digital nomads.
Stocks discussed: UBER, LYFT, ARI, OSTK
Click here for the latest Stock Advisor Roundtable episode!
Host: Ricky Mulvey Guests: Bill Mann, Robert Brokamp, Megan Brinsfield Engineers: Dan Boyd, Rick Engdahl, Tim Sparks
Disclosure: Motley Fool Wealth Management (“MFWM”) is an SEC registered investment adviser. MFWM, an affiliate of The Motley Fool LLC (“TMF”) is a separate legal entity, and all financial planning and discretionary asset management services for our clients are made independently by the financial planners and asset managers at MFWM. No TMF analysts are involved in the investment decision making or daily operations of MFWM. MFWM does not attempt to track any TMF services. Megan Brinsfield is the Director of Financial Planning at MFWM. The comments and ideas presented by the speaker in this podcast are solely those of the speaker and do not necessarily represent those of MFWM or any of its affiliates. This discussion is for informational purposes only and should not be construed as investment or financial planning advice or recommendations. Certain statements may be deemed forward-looking, however there is not guarantee of any outcome. Past performance does not guarantee future results. MFWM encourages you to seek personalized advice from qualified professionals, including (without limitation) tax professionals, regarding all personal finance issues. While we can counsel on tax efficiency and general tax considerations, MFWM does not (and is not permitted to) provide tax or legal advice. This discussion should not be relied upon as personalized financial planning or tax advice.
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