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Lyft Q3 Earnings Highlights: Record Revenue, Guidance Disappoints, Why Shares Are Falling
Monday, November 7, 2022 - 6:04pm | 341Ride-share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after market close Monday. Here are the key highlights. What Happened: Lyft reported third-quarter revenue of $1.05 billion, up 22% year-over-year. The revenue total missed a Street estimate of $1.06 billion...
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Lyft Q2 Earnings Highlights: Revenue Beat, Highest Ever EBITDA, 16% Jump In Active Riders
Thursday, August 4, 2022 - 5:19pm | 349Ride-share company Lyft Inc (NASDAQ: LYFT) reported second-quarter financial results after the market close Thursday. Here are the key highlights. Lyft's Q2 Report: Lyft reported second-quarter revenue of $990.7 million, up 30% year-over-year and up 13% on a quarter-over-quarter basis. The...
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Why Uber Shares Are Rising Today
Wednesday, November 3, 2021 - 9:11am | 267Uber Technologies (NYSE: UBER) is trading higher Wednesday following Lyft Inc's (NASDAQ: LYFT) third-quarter financial results. Lyft reported quarterly adjusted earnings of 5 cents per share, which beat the estimate for a loss of 3 cents per share. The company reported quarterly...
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Why Lyft Shares Are Shifting Gears Today
Wednesday, November 3, 2021 - 9:07am | 266Lyft Inc (NASDAQ: LYFT) is trading higher Wednesday after the company announced better-than-expected third-quarter financial results. Lyft reported quarterly adjusted earnings of 5 cents per share, which beat the estimate for a loss of 3 cents per share. The company reported quarterly revenue...
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Why Lyft Stock Is Trading Higher During Tuesday's After-Hours Session
Tuesday, November 2, 2021 - 5:01pm | 163Shares of Lyft, Inc. (NASDAQ: LYFT) pushed higher during Tuesday's after-hours session following the release of the company's third-quarter earnings results. The company reported third-quarter sales of $864.40 million, beating the consensus estimate of $862.68 million. Lyft...
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5 Publicly Traded Companies That Are Pushing Back Against Texas Anti Abortion Law
Sunday, September 5, 2021 - 5:21pm | 903A new law put into effect in Texas will make it illegal to get an abortion after six weeks of pregnancy. The rule has been a strongly contested topic across the country and is leading to some companies speaking out against the law and raising money. What Happened: SB8 makes it illegal for a woman...
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Lyft Beats Q3 Revenue Estimates With Improving Results
Tuesday, November 10, 2020 - 5:46pm | 365Lyft Inc (NASDAQ: LYFT) shares are trading higher after reporting third-quarter earnings. Earnings: Rideshare company Lyft reported third-quarter revenue of $499.7 million, which beat the Street consensus target of $486.5 million. Revenue declined 48% year-over-year in the third quarter, but...
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Lyft Reports Q3 Sales Beat
Wednesday, October 30, 2019 - 4:21pm | 257Lyft Inc (NASDAQ: LYFT) reported third-quarter earnings after Wednesday's closing bell. Earnings came in at a loss of $1.57 per share, which may not compare to the estimated loss of $1.67. Sales came in at $955.598 million, beating estimates by $43.338 million. The company also raised fourth...
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Why Public Relations Matter: Uber Vs. Lyft
Tuesday, January 31, 2017 - 4:32pm | 812Lyft, despite its opposition to President Donald Trump’s immigration order, should actually thank the president as the order is helping Lyft to beat arch rival Uber, whose PR mishap over the issue is triggering customer migrations to Lyft. Last weekend, Trump signed an executive order...