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
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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
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News
- Are You Looking for a Top Momentum Pick? Why Lyft (LYFT) is a Great Choice [Yahoo! Finance]Yahoo! Finance
- Lyft is Gushing Huge Amounts of Free Cash Flow -- Someone Tell Wall Street [Yahoo! Finance]Yahoo! Finance
- Here's how you can earn points when purchasing a home [Yahoo! Finance]Yahoo! Finance
- Lyft, Inc. (NASDAQ: LYFT) had its price target raised by analysts at Tigress Financial from $24.00 to $26.00. They now have a "buy" rating on the stock.MarketBeat
- Here's how you can earn points when purchasing a home [FOX Business Network]FOX Business Network
LYFT
Earnings
- 11/6/24 - Miss
LYFT
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- LYFT's page on the SEC website