Lyft (LYFT) PT Lowered to $35 at Credit Suisse
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Go back to Lyft (LYFT) PT Lowered to $35 at Credit Suisse
November 8, 2022 4:49 AM EST
Shares of Lyft (NASDAQ: LYFT) are down over 19% in pre-open Tuesday trading after the company reported third-quarter results and issued guidance.
Lyft reported an adjusted net income of $36.7 million, beating the $28.1 million consensus. Revenue came in at $1.05 billion, slightly below the $1.06 billion analyst estimate. The number of active riders jumped over 7% to 20.31 million, but still below the consensus of 21.1 million.
We have taken decisive steps to ensure we can deliver profitable growth, and we are even more confident in... More
November 7, 2022 4:20 PM EST
Lyft (NASDAQ: LYFT) shares have tumbled in after-hours trading after the company released its third-quarter results, missing revenue consensus expectations.
The ride-hailing company posted a third-quarter adjusted net income of $36.7 million, while revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.06... More
November 4, 2022 2:10 PM EDT
Ahead of Lyft's (NASDAQ: LYFT) earnings report, Wedbush analyst Daniel Ives said in a note that a big print and guide is ahead.
On Monday, November 7, after the close, Lyft will report its FY3Q22 results.
Ives, who has an Outperform rating and a $25 price target on Lyft, said they expect generally solid results, which "should beat the Street on... More
