Uber ‘firing on all cylinders’ in Q4 earnings beat: Analyst

Uber (UBER) reported fourth-quarter earnings that easily beat estimates, posting $9.9 billion in revenue — a 15% gain for the quarter — compared to estimates of $9.76 billion. In addition, gross bookings for the company grew 22% to $37.6 billion and first-quarter guidance expects gross bookings to be in the range of $37 billion to $38.5 billion. DA Davidson Senior Research Analyst Tom White joins Yahoo Finance to discuss Uber's performance and how the ride-share giant can continue to innovate to keep up its momentum. In terms of how Uber can stand out against competition, White says:"In mobility, they continue to try and find new ways to innovate. We think it is core UberX product continues to grow at a healthy clip, but things like Reserve… is a new use case that I really wasn't using Uber for in the past. Uber Enterprise in a lot of international markets, there's novel low-cost mobility solutions, so two-wheelers, three-wheelers, taxis, I think all of those things will create, again, a longer runway of solid growth for mobility." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino