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(Reuters) -Lyft on Wednesday forecast current-quarter gross bookings above estimates after posting upbeat quarterly sales, indicating steady demand for its ride-hailing services from people ...
Lyft’s adjusted earnings per share of $0.29 were ahead of the $0.20 forecast, while quarterly revenue of $1.5 billion beat Wall Street’s estimate of $1.4 billion.
(Reuters) -Lyft beat estimates for quarterly profit on Tuesday and said it would generate positive free cash flow for the first time in 2024, as it benefits from cost cuts and pushes back against ...
In terms of valuation, Lyft is trading at just 16 times its average Wall Street consensus-earnings per share (EPS) 2024 estimate of $0.74 as a forward price-to-earnings (P/E) ratio.
Lyft continues to deliver solid growth, with gross bookings up 16% in the quarter, driving revenue up 32% to $1.52 billion. This beat estimates at $1.44 billion, as the company deployed incentives ...
Lyft, Inc. is an American company offering ride-hailing services, motorized scooters, bicycle-sharing systems, and rental cars in the United States and select cities in Canada. [ 1 ] [ 2 ] Lyft sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in ...
Active riders hit an all-time high for Lyft at 23.7 million, up 10% year over year. But Lyft's guidance caught a few on the Street off guard following an upbeat investor day in early June.
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related to: lyft estimate for future date