=Uber (UBER) reported earnings on Mon 4 Nov 19 (a/h)

Uber beats by $0.16, beats on revs, raises FY19 Adj. EBITDA guidance

Reports Q3 (Sep) loss of $0.68 per share, $0.16 better than the S&P Capital IQ Consensus of ($0.84); revenues rose 29.5% year/year to $3.81 bln vs the $3.68 bln S&P Capital IQ Consensus.

Adjusted Net Revenue increased 30% yr/yr to $3.5 bln.

Adjusted EBITDA was ($585) mln compared to ($458) mln year ago.

Monthly Active Platform Consumers (MAPCs) grew 26% yr/yr to 103 mln.

Gross bookings for rides up 22% on constant currency basis. 

Uber Eats Adjusted Net Revenue grew 105% to $191 mln.

FY19 Guidance: Co is raising Adj. EBITDA guidance by $250 mln to ($2.9)-($2.8) bln.