LYFT Q3 Earnings & Revenues Beat Estimates, Gross Bookings Rise Y/Y
Lyft(LYFT) ZACKS·2024-11-09 04:20
Lyft Inc. (LYFT) reported third-quarter 2024 earnings of 29 cents per share, which beat the Zacks Consensus Estimate of 20 cents and improved year over year.Find the latest EPS estimates and surprises on ZacksEarnings Calendar.Revenues of $1.52 billion also outpaced the Zacks Consensus Estimate of $1.42 billion and improved 31.5% year over year, reflecting growth in the rideshare market. Active riders increased 9% year over year to 24.4 million.Gross bookings reported for the quarter were $4.10 billion, mar ...