Did you analyze how Uber Technologies (UBER Quick QuoteUBER - Free Report) fared in its international operations for the quarter ending March 2025? Given the widespread global presence of this ride-hailing company, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.

In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importance on grasping the extent of a company's dependence on international markets, as it sheds light on the firm's earnings stability, its skill in leveraging various economic cycles and its broad growth potential.

Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.

While delving into UBER's performance for the past quarter, we observed some fascinating trends in the revenue from its foreign segments that are commonly modeled and observed by analysts on Wall Street.

The company's total revenue for the quarter amounted to $11.53 billion, showing rise of 13.8%. We will now explore the breakdown of UBER's overseas revenue to assess the impact of its international operations.

A Look into UBER's International Revenue Streams

During the quarter, Latin America contributed $717 million in revenue, making up 6.22% of the total revenue. When compared to the consensus estimate of $736.14 million, this meant a surprise of -2.6%. Looking back, Latin America contributed $727 million, or 6.08%, in the previous quarter, and $710 million, or 7.01%, in the same quarter of the previous year.

Europe, Middle East and Africa accounted for 28.80% of the company's total revenue during the quarter, translating to $3.32 billion. Revenues from this region represented a surprise of +1.6%, with Wall Street analysts collectively expecting $3.27 billion. When compared to the preceding quarter and the same quarter in the previous year, Europe, Middle East and Africa contributed $3.59 billion (30.02%) and $2.76 billion (27.20%) to the total revenue, respectively.

Asia Pacific generated $1.28 billion in revenues for the company in the last quarter, constituting 11.06% of the total. This represented a surprise of -4.8% compared to the $1.34 billion projected by Wall Street analysts. Comparatively, in the previous quarter, Asia Pacific accounted for $1.33 billion (11.10%), and in the year-ago quarter, it contributed $1.19 billion (11.77%) to the total revenue.

Revenue Projections for Overseas Markets

Wall Street analysts expect Uber to report $12.44 billion in total revenue for the current fiscal quarter, indicating an increase of 16.2% from the year-ago quarter. Latin America, Europe, Middle East and Africa and Asia Pacific are expected to contribute 6.2% ($772.68 million), 27.8% ($3.46 billion) and 11.4% ($1.41 billion) to the total revenue, respectively.

For the full year, the company is projected to achieve a total revenue of $50.66 billion, which signifies a rise of 15.2% from the last year. The share of this revenue from various regions is expected to be: Latin America at 6.3% ($3.2 billion), Europe, Middle East and Africa at 28% ($14.17 billion) and Asia Pacific at 11.5% ($5.82 billion).

Wrapping Up

Relying on international markets for revenues, Uber faces both prospects and perils. Thus, tracking the company's international revenue trends is essential for accurately projecting its future trajectory.

With the increasing intricacies of global interdependence and geopolitical strife, Wall Street analysts meticulously observe these patterns, especially for companies with an international footprint, to tweak their forecasts of earnings. Importantly, several additional factors, such as a company's domestic market status, also impact these earnings forecasts.

Here at Zacks, we put a great deal of emphasis on a company's changing earnings outlook, as empirical research has shown that's a powerful force driving a stock's near-term price performance. Quite naturally, the correlation is positive here -- an upward revision in earnings estimates drives the stock price higher.

Boasting a remarkable track record that's been externally verified, the Zacks Rank, our unique stock rating system, leverages changes in earnings projections to function as a reliable gauge for predicting short-term stock price movements.

Uber currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

A Look at Uber's Recent Stock Price Performance

The stock has increased by 20.5% over the past month compared to the 9.1% rise of the Zacks S&P 500 composite. Meanwhile, the Zacks Computer and Technology sector, which includes Uber, has increased 11.9% during this time frame. Over the past three months, the company's shares have experienced a gain of 10.9% relative to the S&P 500's 3.1% decline. Throughout this period, the sector overall has witnessed a 6.8% decrease.