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Lyft Stock Sports Dismal Post-Earnings History Ahead of Report
Schaeffers Investment Research· 2024-11-05 02:57
Lyft Inc (NASDAQ:LYFT) is gearing up for its latest earnings report, due out after the close on Wednesday, Nov. 6. Rideshare peer Uber (UBER) had a rough day after its report last week, following a decline in gross bookings, so we'll see if LYFT fares better. The stock's post-earnings history doesn't do much to alleviate concern, however, as it's only finished higher after two of its last eight reports. LYFT posted a 16.9% drop after earnings last quarter, though it made a swift recovery on the charts. This ...
Earnings Estimates Rising for Lyft (LYFT): Will It Gain?
ZACKS· 2024-10-30 01:20
Investors might want to bet on Lyft (LYFT) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this ride-hailing company, should get reflected in its stock price. After all, empirical research shows a strong correlation between t ...
Lyft agrees to pay $2.1 million penalty after FTC says company made 'deceptive' claims about how much drivers can earn
Business Insider· 2024-10-27 05:18
文章核心观点 - 美国司法部起诉Lyft公司在2021年4月至2022年6月期间做出了"具有欺骗性"的关于司机每小时可赚取的收入的广告宣传 [1][2] - Lyft公司在广告中使用了80分位数的时薪计算方式,这意味着只有20%的司机能达到广告中宣传的时薪水平,如2021年8月在新泽西州宣传的时薪高达34美元,但实际中位数只有25美元 [3] - Lyft公司还在广告中做出了"收入保证"的承诺,误导司机认为这是额外的奖金,而不是包含在普通收入中 [3] 公司方面 - Lyft公司在2021年收到FTC的警告函后仍继续做出具有欺骗性的收入宣传 [4] - Lyft公司同意支付210万美元的民事罚款,但并不承认政府的指控 [4] - Lyft公司表示将采取一些透明度举措,如2022年10月推出"预付工资"以及2023年2月发放新的收入明细 [5] - 和解协议要求Lyft公司在做出任何收入声明时必须有充分的证据支持,并禁止将小费计入时薪 [5] - 协议还要求Lyft公司向司机披露"收入保证"中只能获得与普通收入的差额 [5] - Lyft公司还需要通知司机此次和解协议的内容 [6]
Lyft is working on a ‘service animal opt-in feature' for passengers
TechCrunch· 2024-10-21 01:19
文章核心观点 - 根据抗议者的说法,优步和Lyft需要做更多工作来支持残障乘客,特别是盲人或视力障碍乘客 [1] - 抗议者分享了司机拒载或不允许他们带导盲犬的经历,呼吁这些公司应该教育司机如何为视障乘客提供便利,并对歧视性行为采取"零容忍"政策 [1] - Lyft表示正在与社区中的倡导组织合作,并计划在2025年推出"服务动物选择"功能,让乘客可以提前声明有服务动物,以避免司机拒载的情况 [1][2] 公司相关 - Lyft表示致力于为所有乘客提供包容和无障碍的平台,包括依赖服务动物的乘客 [1] - Lyft正在开发一项"服务动物选择"功能,让乘客可以提前声明有服务动物,以避免司机拒载的情况 [2] 行业相关 - 优步和Lyft需要做更多工作来支持残障乘客,特别是盲人或视力障碍乘客 [1] - 行业应该教育司机如何为视障乘客提供便利,并对歧视性行为采取"零容忍"政策 [1]
Will Lyft (LYFT) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-15 01:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Lyft (LYFT) , which belongs to the Zacks Internet - Services industry. This ride-hailing company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 46.49%. For the last reported quarter, Lyft came out with earnings of $0.24 per share versus the Zacks Con ...
Lyft (LYFT) Recently Broke Out Above the 20-Day Moving Average
ZACKS· 2024-10-14 22:39
After reaching an important support level, Lyft (LYFT) could be a good stock pick from a technical perspective. LYFT surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. Like other SMAs, i ...
Lyft (LYFT) Soars 9.6%: Is Further Upside Left in the Stock?
ZACKS· 2024-10-14 17:40
Lyft (LYFT) shares rallied 9.6% in the last trading session to close at $13.60. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 6.8% gain over the past four weeks. The uptick was owing to Tesla's (TSLA) disappointing Robotaxi event. The event failed to excite investors due to the lack of detail provided by TSLA on its latest full self-driving technology advancements. TSLA's failure to provide insight on its r ...
Lyft to Boost Driver Earnings Amid Competition
Gurufocus· 2024-10-08 19:50
Lyft announced plans to increase driver earnings by offering higher pay for longer and more complex rides. As part of efforts to attract more drivers, the ride-sharing company will implement extra fees for trips that exceed expected duration by at least five minutes. Jeremy Bird, Lyft's Executive Vice President of Driver Experience, emphasized the company's aim for growth, citing significant year-on-year increases and a platform utilization of approximately 1.3 million drivers in the past year. To enhance d ...
Lyft (LYFT) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-10-05 07:20
The most recent trading session ended with Lyft (LYFT) standing at $12.57, reflecting a +1.7% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.9%. Elsewhere, the Dow saw an upswing of 0.81%, while the tech-heavy Nasdaq appreciated by 1.22%. The ride-hailing company's shares have seen an increase of 9.87% over the last month, surpassing the Computer and Technology sector's gain of 5.76% and the S&P 500's gain of 3.15%. The investment community will be closely m ...
Lyft and Mobilitas Insurance Companies Renew Commercial Insurance Partnership
Prnewswire· 2024-10-02 00:00
Multi-year collaboration continues to support mobility sector GLENDALE, Ariz., Oct. 1, 2024 /PRNewswire/ -- The Mobilitas Insurance Companies, providers of commercial insurance for the unique and emerging demands of the sharing economy and mobility sector, announced that Lyft has renewed its partnership for ridesharing commercial insurance coverage in 23 states, effective October 1, 2024. "Mobilitas remains focused on serving the commercial insurance needs of the mobility sector, and it is our privilege to ...