Lyft (LYFT) Q4 Revenue Tops Consensus
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Go back to Lyft (LYFT) Q4 Revenue Tops Consensus
February 9, 2022 6:23 AM EST
Susquehanna analyst Shyam Patil lowered the price target on Lyft (NASDAQ: LYFT) to $54.00 (from $80.00) while maintaining a Positive rating following results.
The analyst commented, "Omicron has unsurprisingly impacted ridesharing demand, driving the 1Q guide below expectations. However, LYFT is still cautiously optimistic that... More
February 8, 2022 5:22 PM EST
Lyft (NASDAQ: LYFT) shares were trading 6% lower after-hours, despite the companys reported Q4 revenue of $969.9 million (up 70% year-over-year) coming in better than the consensus estimate of $939.06 million. While the companys total active drivers grew 34% year-over-year in Q4, the number came in worse... More
February 8, 2022 4:48 PM EST
Uber (NYSE: UBER) Trades Lower in Sympathy with Lyft (NASDAQ: LYFT) Following Lyft Results
Lyft Down 6.3%Uber Down 1.75%...
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