{"id":55546,"date":"2025-11-04T08:08:51","date_gmt":"2025-11-04T12:08:51","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/market-movers-uber-soars-pizza-hut-under-review-and-mixed-q3-earnings\/55546\/"},"modified":"2025-11-04T08:08:51","modified_gmt":"2025-11-04T12:08:51","slug":"market-movers-uber-soars-pizza-hut-under-review-and-mixed-q3-earnings","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-movers-uber-soars-pizza-hut-under-review-and-mixed-q3-earnings\/55546\/","title":{"rendered":"Market Movers: Uber Soars, Pizza Hut Under Review, and Mixed Q3 Earnings"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Uber (<a href=\"\/stock\/UBER\">UBER<\/a>) reported a strong Q3 performance, significantly beating analyst estimates for EPS, revenue, and gross bookings, and provided an optimistic Q4 outlook.<\/strong><\/li>\n<li><strong>Yum! Brands (<a href=\"\/stock\/YUM\">YUM<\/a>) has initiated a strategic review for its Pizza Hut brand, exploring options to maximize shareholder value and help the brand reach its full potential.<\/strong><\/li>\n<li><strong>Several major companies, including Pfizer (<a href=\"\/stock\/PFE\">PFE<\/a>), ADM (<a href=\"\/stock\/ADM\">ADM<\/a>), Apollo Global Management (<a href=\"\/stock\/APO\">APO<\/a>), Ferrari (<a href=\"\/stock\/RACE\">RACE<\/a>), and Eaton (<a href=\"\/stock\/ETN\">ETN<\/a>), released Q3 earnings, with most reporting adjusted EPS above analyst expectations despite mixed revenue results.<\/strong><\/li>\n<li><strong>Federal Reserve Vice Chair Michelle Bowman emphasized the importance of banks engaging in digital assets and discussed the ongoing priority of Basel capital regulations.<\/strong><\/li>\n<li><strong>An ADNOC EVP indicated that oil prices are expected to remain range-bound between $60\/bbl to $70\/bbl.<\/strong><\/li>\n<\/ul>\n<p>Uber Technologies (<a href=\"\/stock\/UBER\">UBER<\/a>) delivered a robust third-quarter performance, far exceeding Wall Street&#39;s expectations and offering an encouraging outlook for the fourth quarter. The ride-sharing and delivery giant reported <strong>Q3 EPS of $3.11<\/strong>, significantly higher than the IBES estimate of $0.68. Revenue also surpassed projections, reaching <strong>$13.47 billion<\/strong> against an estimate of $13.27 billion. Gross bookings for the quarter hit <strong>$49.74 billion<\/strong>, outperforming the $48.73 billion estimate, with monthly active platform consumers reaching <strong>189 million<\/strong>.<\/p>\n<p>Looking ahead, Uber&#39;s (<a href=\"\/stock\/UBER\">UBER<\/a>) Q4 outlook projects gross bookings between <strong>$52.25 billion and $53.75 billion<\/strong>, comfortably above the IBES estimate of $52 billion. The company also anticipates Q4 adjusted EBITDA to be in the range of <strong>$2.41 billion to $2.51 billion<\/strong>, compared to an IBES estimate of $2.48 billion. Management highlighted their continued leadership in the category, expecting to add approximately <strong>$30 billion in incremental gross bookings<\/strong> this year.<\/p>\n<p>In corporate strategy news, Yum! Brands (<a href=\"\/stock\/YUM\">YUM<\/a>), the parent company of Pizza Hut, KFC, and Taco Bell, announced the initiation of a strategic review for its Pizza Hut brand. The review aims to explore options that will maximize shareholder value and enable Pizza Hut to reach its full potential. <em>This move signals a potential restructuring or divestiture for the iconic pizza chain as Yum! Brands (<a href=\"\/stock\/YUM\">YUM<\/a>) seeks to optimize its brand portfolio.<\/em><\/p>\n<p>Third-quarter earnings reports from other major companies presented a mixed but generally positive picture. <strong>Pfizer (<a href=\"\/stock\/PFE\">PFE<\/a>)<\/strong> reported adjusted EPS of <strong>$0.87<\/strong>, surpassing the $0.73 estimate, though revenue of <strong>$16.65 billion<\/strong> fell short of the $17.15 billion estimate. The pharmaceutical giant reaffirmed its 2025 full-year revenue guidance of <strong>$61.00 billion to $64.00 billion<\/strong> and adjusted EPS between <strong>$3.00 and $3.15<\/strong>.<\/p>\n<p><strong>ADM (<a href=\"\/stock\/ADM\">ADM<\/a>)<\/strong> posted strong adjusted EPS of <strong>$0.92<\/strong> against an estimate of $0.84, despite revenue of <strong>$20.372 billion<\/strong> missing the $20.680 billion estimate. The company set its full-year adjusted EPS outlook between <strong>$3.25 and $3.50<\/strong>. <strong>Apollo Global Management (<a href=\"\/stock\/APO\">APO<\/a>)<\/strong> also exceeded expectations with adjusted EPS of <strong>$2.17<\/strong> compared to an estimated $1.90, and total revenue surged <strong>26% year-over-year to $9.82 billion<\/strong>. Its Assets Under Management (AUM) reached <strong>$908 billion<\/strong>, surpassing the $889.32 billion estimate.<\/p>\n<p>Luxury automaker <strong>Ferrari (<a href=\"\/stock\/RACE\">RACE<\/a>)<\/strong> reported a net profit of <strong>EUR382 million<\/strong>, beating the EUR372 million estimate, on net revenue of <strong>EUR1.76 billion<\/strong> against an estimated EUR1.71 billion. EBITDA came in at <strong>EUR670 million<\/strong>, above the EUR649 million estimate, and the company confirmed its 2025 guidance. Industrial manufacturer <strong>Eaton (<a href=\"\/stock\/ETN\">ETN<\/a>)<\/strong> also beat on EPS, reporting <strong>$3.07<\/strong> versus an estimate of $3.05, with revenue of <strong>$6.99 billion<\/strong> slightly below the $7.07 billion estimate. Eaton provided a full-year adjusted EPS outlook of <strong>$11.97 to $12.17<\/strong>.<\/p>\n<p>Conversely, <strong>Marathon Petroleum (<a href=\"\/stock\/MPC\">MPC<\/a>)<\/strong> reported Q3 EPS of <strong>$3.01<\/strong>, falling short of the $3.15 estimate, despite total revenue and other income of <strong>$35.85 billion<\/strong> exceeding the $31.95 billion estimate. The company&#39;s Q3 crude capacity utilization was <strong>95%<\/strong>, and its refining and marketing (R&amp;M) margin was <strong>$17.60\/bbl<\/strong>.<\/p>\n<p>In the regulatory sphere, Federal Reserve Vice Chair Michelle Bowman made comments regarding digital assets and capital regulations. Bowman stated that it is &quot;critical banks can engage in digital assets if wanted&quot; and reiterated that Basel regulations remain a priority, emphasizing that capital cannot be viewed in a vacuum. <em>These remarks underscore the ongoing efforts by regulators to integrate emerging financial technologies while maintaining stability within the banking system.<\/em><\/p>\n<p>Finally, an executive vice president from ADNOC, Abu Dhabi&#39;s national oil company, projected that <strong>oil prices would remain range-bound between $60\/bbl to $70\/bbl<\/strong>. <em>This outlook suggests a period of relative stability for crude markets amidst ongoing global economic and geopolitical factors.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Uber (UBER) reported a strong Q3 performance, significantly beating analyst estimates for EPS, revenue, and gross bookings, and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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