Uber expects headwinds after banner 2024

The news: Uber was the latest company to offer cautious guidance for 2025 amid an array of global headwinds, including highly unfavorable foreign exchange rates and weather-related disruptions.

• The company expects Q1 gross bookings to grow 17% to 21% to between $42 billion and $43.5 billion—the midpoint of which trailed analysts’ expectations for $43.5 billion.
• The soft guidance overshadowed Uber’s Q4 performance—its “strongest quarter ever,” per CEO Dara Khosrowshahi.

Behind the numbers: Uber had a solid Q4.