Lyft Announces Record Second Quarter Results

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Go back to Lyft Announces Record Second Quarter Results

Lyft (LYFT) PT Raised to $76 at RBC Capital

August 8, 2019 7:01 AM EDT

RBC Capital analyst Mark Mahaney raised the price target on Lyft (NASDAQ: LYFT) to $76.00 (from $72.00) while maintaining a Outperform rating.

The analyst commented, "Lyft reported clean Beat & Raise Q2 results. Revenue of $867MM & EBITDA loss of ($204MM) beat Street by 7% and 26%, respectively.... More

Uber (UBER) Trades Higher in Sympathy with Lyft (LYFT), Uber up 5.7%, Lyft Up 10.6% after Results

August 7, 2019 4:13 PM EDT

Uber (NYSE: UBER) Trades Higher in Sympathy with Lyft (NASDAQ: LYFT), Uber up 5.7%, Lyft Up 10.6% after Results

... More

Lyft (LYFT) Tops Q2 EPS by 90c; Raises Outlook

August 7, 2019 4:08 PM EDT

Lyft (NASDAQ: LYFT) reported Q2 EPS of ($0.68), $0.90 better than the analyst estimate of ($1.58). Revenue for the quarter came in at $867 million versus the consensus estimate of $809.27 million.

Lyfts second quarter was marked by strong execution and important advances in our product and... More