Lyft's quarterly earnings report again pleased investors. Shares of Lyft (LYFT -3.04%) were accelerating this week after the No. 2 ridesharing company reported strong results in its first-quarter earnings report, showing it's well on its way to being a growing and profitable company. Not surprisingly, Wall Street took notice of another round of solid numbers from Lyft, and one of the stock's top bulls lifted its price target on Lyft to $24, implying 39% upside in the ride-hailing stock. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commissi ...

Lyft Inc. (LYFT) reported first-quarter 2024 earnings of 15 cents per share, which beat the Zacks Consensus Estimate of 9 cents and improved year over year. Revenues of $1,277.2 million also outpaced the Zacks Consensus Estimate of $1,170.1 million and improved 27.6% year over year, reflecting growth in the rideshare market. Active riders increased 12% year over year to 21.9 million. Gross bookings reported for the quarter were $3.69 billion, marking a year-over-year increase of 21%. Lyft’s adjusted EBITDA ...

The ride-hailing stock reported solid revenue growth, and the future looks bright. Shares of Lyft (LYFT 5.42%) were moving higher today after the nation's No. 2 ridesharing company delivered solid first-quarter results, bouncing back from the pandemic and showing that recent cost-cutting efforts were paying off. As of 12:18 p.m. ET, the stock was up 5.5% on the news. Lyft is gaining steam The ride-hailing specialist said gross bookings in the quarter were up 21% to $3.7 billion, driving revenue up 28% to $1 ...

Lyft和Uber的业务表现 - Lyft专注于乘车服务，而Uber利用乘车服务和其他活动建立了跨销售机会[3] - Lyft预计第二季度的总订单额将同比增长16%至19%，达到40亿至41亿美元，而Uber则表示同期的总订单额将达到388亿至403亿美元[5] - Lyft的活跃乘客增长了12%，达到2190万，而Uber的月活跃平台消费者增长了15%，达到1.49亿[7] Uber的交付部门表现 - Uber的交付部门在最近一个季度的总订单额增长了17%，达到近177亿美元[12] - Uber Eats在郊区表现强劲，Instacart交易使其在未来在郊区的增长处于更有利的位置[13] - Uber One的采用率很高，会员现在在3月份产生的总移动和交付总订单额中占32%，订阅费用现在超过10亿美元的年率[14] - Uber Cash通过移动端赚取的60%正在用于交付[14] 会员资格对Uber市场进入和增长的影响 - 会员资格对于进入Uber市场和增长的频率是一个强大的杠杆[15]

Uber stock tumbled Wednesday after the ride-share and food delivery company reported a surprise first-quarter loss and a weak outlook moving forward — while shares of e-hail rival Lyft went into overdrive after reporting a notable year-over-year acceleration in its latest earnings. Uber was down nearly 6%, to around $65 after the opening bell, as the the company also forecast gross bookings — a key metric that indicates the total dollar value of transaction on the platform — in the second quarter below Wall ...

Lyft, Inc. (NASDAQ:LYFT) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Sonya Banerjee - Head of Investor Relations David Risher - Chief Executive Officer Erin Brewer - Chief Financial Officer Kristin Sverchek - President Conference Call Participants Nikhil Devnani - Bernstein Eric Sheridan - Goldman Sachs Mark Mahaney - Evercore John Blackledge with - TD Cowen Ken Gawrelski - Wells Fargo Michael Morton - MoffettNathanson Doug Anmuth - JPMorgan Benjamin Black - Deutsche Bank St ...

Tuesday, May 7th, 2024 We were flat in regular market trading this Tuesday. That said, the Dow’s gain of +0.08% for the session marks the index’s fifth-straight higher close. The S&P 500 notches its fourth-straight up day, +0.13%. The Nasdaq broke its three-day winning streak with a marginal down ward move to -0.10%, while the small-cap Russell 2000 outperformed the field at +0.19%. Year to date, all four indices are back up into the green, led by the Nasdaq (+10%) and the S&P (+9%). Today ushered in a new ...

Lyft (LYFT) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this ride- hailing company would post earnings of $0.08 per share when it actually produced earnings of $0.19, delivering a surprise of 137.50%. Over the last four quarters, the c ...

May 7, 2024 Q1 Fiscal 2024 Earnings Supplemental Data This presentation and the accompanying oral presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of Forward 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Lyft's future financial or operating performance. In some cases, you can identify forward looking statements because they contain words such as "may, ...