Analysts at Wedbush see a high likelihood of Uber Technologies Inc (NYSE:UBER) announcing a round of share buybacks after a confident fourth quarter.
Uber reported robust fourth-quarter results, exceeding consensus estimates with gross bookings of $37.6 billion (a 22.2% year-over-year increase) and adjusted EBITDA safely above estimates.
AstraZeneca PLC (LSE:AZN) shares tumbled 7.4%, wiping almost £12 billion from the value of the business after sales of one of its key cancer products disappointed, and the dividend underwhelmed.
Ahead of the meeting with analysts following the company's fourth quarter and full-year results, analysts were also looking for reassurance about the drug maker's cost base.
Compass Group PLC (LSE:CPG), the catering company, may have “conservatively set” its full-year guidance after organic revenue growth in the first quarter was “comfortably” ahead of estimates, analysts said.
Organic revenue growth lifted 11.7% in the three months to December, with like-for-like revenue growth said to be better than expected.