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0.000316155548529814 -0.00063231109705974 -0.00316155548529881 -0.00379386658235855 -0.00721466961745182 0.0031615554852987 0.00980082200442614 0.0091685109073664
Stock impact report

LYFT to Report Q1 Earnings: Is a Beat in the Cards? [Yahoo! Finance]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company has an impressive earnings surprise history, having surpassed Zacks Consensus Estimate in each of the trailing four quarters, the average beat being 502.75%. The Zacks Consensus Estimate for LYFT's soon-to-be reported quarter's earnings has been unchanged in the past 60 days at 9 cents per share. Given this backdrop, let's see how things have shaped up for Lyft this earnings season. We expect Lyft's performance in the to-be-reported quarter to have been boosted by an uptick in total revenues. The Zacks Consensus Estimate for first-quarter 2024 revenues is pegged at $1.17 billion, which indicates a 16.92% year-over-year rise. Its top-line growth is likely to have been driven by an increase in Active Riders as the ride-share market rebounds from the pandemic lows. Our model estimates Active Riders of 20.6 million for the first quarter of 2024, which implies a 5.3% year-over-year increase. Revenue Per Active Rider is pegged at $55.51, which suggests an 8.5% decline f Show less Read more
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