Uber and Lyft Boost Travel Industry: What's Next for Grab and BKNG?

$Uber(UBER)$ 's earnings exceeded expectations with a share buyback, achieving record highs.

Uber ended the year on a high, achieving its first annual profit as a public company.

Q4 revenues came in at $9.94 billion, registering a growth of 15.4% y/y, and beating analyst estimates by $174 million.

Q4 EPS of $0.66 beat analyst estimates by $0.49.

The company also managed to generate $768 million of free cash flow during the period.

On the other hand, $Lyft, Inc.(LYFT)$'s investor relations department made a blunder with their earnings release, causing the stock to initially surge before declining.

Gross Bookings of $3.7 billion grew 17% year-over-year.

Revenue of $1.2 billion grew 4% year-over-year.

Net loss of $26.3 million compares with a net loss $588.1 million in Q4’22. Net loss includes $93.3 million of stock-based compensation and related payroll tax expenses. Net loss as a percentage of Gross Bookings was (0.7%) and compares with (18.4%) in Q4’22.

Adjusted EBITDA of $66.6 million compares with $(248.3) million in Q4’22. Adjusted EBITDA margin (calculated as a percentage of Gross Bookings) was 1.8% and compares with (7.8%) in Q4’22.

Nevertheless, both Lyft and Uber had strong weeks, with investors showing confidence in the ridesharing market.

These results contribute to the positive outlook for the overall passenger ground transportation sector.

If we exclude regional factors, how would $Grab Holdings(GRAB)$'s financial report fare?

Another comparable stock, $Booking Holdings(BKNG)$, has steadily risen since its rebound. However, its high stock price can be seen as both an advantage and a disadvantage.

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Net loss includes $93.3 million of stock-based compensation and related payroll tax expenses. Net loss as a percentage of Gross Bookings was (0.7%) and compares with (18.4%) in Q4’22.</blockquote><blockquote>Adjusted EBITDA of $66.6 million compares with $(248.3) million in Q4’22. Adjusted EBITDA margin (calculated as a percentage of Gross Bookings) was 1.8% and compares with (7.8%) in Q4’22.</blockquote><p style=\"text-align: start;\">Nevertheless, both Lyft and Uber had strong weeks, with investors showing confidence in the ridesharing market.</p><p style=\"text-align: start;\">These results contribute to the positive outlook for the overall passenger ground transportation sector.</p><p style=\"text-align: start;\">If we exclude regional factors, how would  <a data-mention-id=\"GRAB\" class=\"teditor-mention\" data-mention-name=\"Grab Holdings\" href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>'s financial report fare? <v-v data-views=\"1\"></v-v></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/56258d4242144b359f831e88c20698b8\" tg-width=\"560\" tg-height=\"240\"></p><p style=\"text-align: start;\">Another comparable stock, <a data-mention-id=\"BKNG\" class=\"teditor-mention\" data-mention-name=\"Booking Holdings\" href=\"https://ttm.financial/S/BKNG\">$Booking Holdings(BKNG)$</a>, <v-v data-views=\"1\"></v-v> has steadily risen since its rebound. However, its high stock price can be seen as both an advantage and a disadvantage.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6214a48f4d725e38209738aef60cbf23\" tg-width=\"560\" tg-height=\"240\"></p><p></p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"UBER\" class=\"teditor-mention\" data-mention-name=\"Uber\" href=\"https://ttm.financial/S/UBER\">$Uber(UBER)$</a> 's earnings exceeded expectations with a share buyback, achieving record highs.</p><blockquote>Uber ended the year on a high, achieving its first annual profit as a public company. </blockquote><blockquote>Q4 revenues came in at $9.94 billion, registering a growth of 15.4% y/y, and beating analyst estimates by $174 million. </blockquote><blockquote>Q4 EPS of $0.66 beat analyst estimates by $0.49. </blockquote><blockquote>The company also managed to generate $768 million of free cash flow during the period.</blockquote><p style=\"text-align: start;\">On the other hand,  <a data-mention-id=\"LYFT\" class=\"teditor-mention\" data-mention-name=\"Lyft, Inc.\" href=\"https://ttm.financial/S/LYFT\">$Lyft, Inc.(LYFT)$</a>'s investor relations department made a blunder with their earnings release, causing the stock to initially surge before declining.</p><blockquote>Gross Bookings of $3.7 billion grew 17% year-over-year.</blockquote><blockquote>Revenue of $1.2 billion grew 4% year-over-year.</blockquote><blockquote>Net loss of $26.3 million compares with a net loss $588.1 million in Q4’22. Net loss includes $93.3 million of stock-based compensation and related payroll tax expenses. Net loss as a percentage of Gross Bookings was (0.7%) and compares with (18.4%) in Q4’22.</blockquote><blockquote>Adjusted EBITDA of $66.6 million compares with $(248.3) million in Q4’22. Adjusted EBITDA margin (calculated as a percentage of Gross Bookings) was 1.8% and compares with (7.8%) in Q4’22.</blockquote><p style=\"text-align: start;\">Nevertheless, both Lyft and Uber had strong weeks, with investors showing confidence in the ridesharing market.</p><p style=\"text-align: start;\">These results contribute to the positive outlook for the overall passenger ground transportation sector.</p><p style=\"text-align: start;\">If we exclude regional factors, how would  <a data-mention-id=\"GRAB\" class=\"teditor-mention\" data-mention-name=\"Grab Holdings\" href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>'s financial report fare? <v-v data-views=\"1\"></v-v></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/56258d4242144b359f831e88c20698b8\" tg-width=\"560\" tg-height=\"240\"></p><p style=\"text-align: start;\">Another comparable stock, <a data-mention-id=\"BKNG\" class=\"teditor-mention\" data-mention-name=\"Booking Holdings\" href=\"https://ttm.financial/S/BKNG\">$Booking Holdings(BKNG)$</a>, <v-v data-views=\"1\"></v-v> has steadily risen since its rebound. However, its high stock price can be seen as both an advantage and a disadvantage.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6214a48f4d725e38209738aef60cbf23\" tg-width=\"560\" tg-height=\"240\"></p><p></p></body></html>","text":"$Uber(UBER)$ 's earnings exceeded expectations with a share buyback, achieving record highs. Uber ended the year on a high, achieving its first annual profit as a public company. Q4 revenues came in at $9.94 billion, registering a growth of 15.4% y/y, and beating analyst estimates by $174 million. Q4 EPS of $0.66 beat analyst estimates by $0.49. The company also managed to generate $768 million of free cash flow during the period. On the other hand, $Lyft, Inc.(LYFT)$'s investor relations department made a blunder with their earnings release, causing the stock to initially surge before declining. Gross Bookings of $3.7 billion grew 17% year-over-year. Revenue of $1.2 billion grew 4% year-over-year. Net loss of $26.3 million compares with a net loss $588.1 million in Q4’22. Net loss includes $93.3 million of stock-based compensation and related payroll tax expenses. Net loss as a percentage of Gross Bookings was (0.7%) and compares with (18.4%) in Q4’22. Adjusted EBITDA of $66.6 million compares with $(248.3) million in Q4’22. Adjusted EBITDA margin (calculated as a percentage of Gross Bookings) was 1.8% and compares with (7.8%) in Q4’22. Nevertheless, both Lyft and Uber had strong weeks, with investors showing confidence in the ridesharing market. These results contribute to the positive outlook for the overall passenger ground transportation sector. If we exclude regional factors, how would $Grab Holdings(GRAB)$'s financial report fare? Another comparable stock, $Booking Holdings(BKNG)$, has steadily risen since its rebound. 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