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Stock impact report

Lyft (LYFT) Gains But Lags Market: What You Should Know [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
This move lagged the S&P 500's daily gain of 0.16%. Meanwhile, the Dow lost 0.37%, and the Nasdaq, a tech-heavy index, added 0.78%. Coming into today, shares of the ride-hailing company had gained 8.94% in the past month. In that same time, the Computer and Technology sector gained 1.87%, while the S&P 500 gained 1.67%. The investment community will be paying close attention to the earnings performance of Lyft in its upcoming release. The company is slated to reveal its earnings on November 6, 2024. On that day, Lyft is projected to report earnings of $0.20 per share, which would represent a year-over-year decline of 16.67%. Alongside, our most recent consensus estimate is anticipating revenue of $1.42 billion, indicating a 22.75% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $0.79 per share and a revenue of $5.59 billion, demonstrating changes of +21.54% and +27%, respectively, from the preceding year. In Show less Read more
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