Uber reported first-quarter revenue on Wednesday that missed estimates, but the ride-hailing giant issued bookings guidance for the current quarter that exceeded analysts' expectations.

The stock climbed 10% following the earnings release.

Here's how the company did versus Wall Street's expectations, according to estimates compiled by LSEG:

Earnings per share: 13 cents vs. 70 cents expected

Revenue: $13.2 billion vs. $13.29 billion expected

Uber said its net income took a $1.5 billion hit due to the revaluation of equity investments. On a non-GAAP basis, earnings per share came to 72 cents, the company said in its earnings release on Wednesday. Uber has equity investments in Didi and Grab , both based in Asia.

Because of the "pre-tax headwind" from the revaluations, net income fell to $263 million from $1.78 billion a year earlier.…