Lyft Announces Record Third Quarter Results
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Lyft (LYFT) PT Raised to $82 at RBC Capital
October 31, 2019 6:34 AM EDTRBC Capital analyst Mark Mahaney raised the price target on Lyft (NASDAQ: LYFT) to $82.00 (from $76.00) while maintaining an Outperform rating.
The analyst commented, "Lyft reported Beat & Raise Q3 results. Q3 Revenue $956MM, +63% Y/Y and EBITDA losses ($128MM) nicely beat Street expectations, and... More
Lyft (LYFT) Tops Q3 EPS by 9c, Revs Beat; Raises Outlook
October 30, 2019 4:09 PM EDTLyft (NASDAQ: LYFT) reported Q3 EPS of ($1.57), $0.09 better than the analyst estimate of ($1.66). Revenue for the quarter came in at $956 million versus the consensus estimate of $915.04 million.
Our third quarter results demonstrated the significant progress Lyft has made on our path to profitability.... More
