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-0.00149700598802387 -0.0017964071856286 -0.00329341317365268 0.00119760479041935 0.00317964071856291 0.00538922155688622 0.00538922155688622 0.00538922155688622
Stock impact report

LYFT Gains 13% Since Posting Q3 Earnings: How Should You Play It? [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
Since the announcement on Nov. 6 before the opening bell, shares of the company have rallied 13.1% to $16.29, reflecting investor optimism about its improved outlook for 2024. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Does the improving ride-sharing market and LYFT's operational effectiveness present a buying opportunity? Or should investors wait for a better entry point? Before diving into these considerations, let us examine the highlights of LYFT's recent quarterly results and their future implications. Strong Top & Bottom-line Performances : Lyft's adjusted earnings per share of 29 cents surpassed the Zacks Consensus Estimate by 45%, reflecting a 20.8% year-over-year increase. Operating revenues rose 32% year over year to $1.52 billion, beating expectations by 6.7%. The impressive results were driven by double-digit rides growth in rideshare, and the company's bike and scooter offerings. Gross Booking Growth : Gross bookings increased 16% yea Show less Read more
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