Lyft, Inc.

LYFT

US55087P1049

Internet Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
16.37 ^USD	+1.87%		+1.36%	+9.21%

Apr. 18	Tigress Lifts Price Target on Lyft to $24 From $22, Sees Growth in Ridership, Operating Efficiencies, Increasing Ad Revenue; Buy Rating Kept	MT
Apr. 12	Uber, Lyft Reportedly Delay Pullout From Minneapolis After City Council Pushes Back Minimum Wage Rule	MT

Lyft, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022

May 03, 2022 at 04:05 pm EDT

Lyft, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 875.58 million compared to USD 608.96 million a year ago. Net loss was USD 196.93 million compared to USD 427.34 million a year ago. Basic loss per share from continuing operations was USD 0.57 compared to USD 1.31 a year ago.

Latest news about Lyft, Inc.

Tigress Lifts Price Target on Lyft to $24 From $22, Sees Growth in Ridership, Operating Efficiencies, Increasing Ad Revenue; Buy Rating Kept	Apr. 18	MT
Uber, Lyft Reportedly Delay Pullout From Minneapolis After City Council Pushes Back Minimum Wage Rule	Apr. 12	MT
Uber and Lyft delay their plans to leave Minneapolis	Apr. 11	RE
Background-screening firm Checkr cuts 32% of workforce, source says	Apr. 10	RE
Transportation authority approves New York's congestion pricing plan	Mar. 27	RE
Lyft inks deal with Nielsen to measure in-app ads	Mar. 21	RE
Nomura Adjusts Lyft Price Target to $15 From $13, Maintains Reduce Rating	Mar. 18	MT
News Highlights : Top Company News of the Day - Friday at 7 PM ET	Mar. 15	DJ
Tech Down Amid Inflation Trepidation -- Tech Roundup	Mar. 15	DJ
News Highlights : Top Company News of the Day - Friday at 5 PM ET	Mar. 15	DJ
News Highlights : Top Company News of the Day - Friday at 3 PM ET	Mar. 15	DJ
Uber, Lyft to Cease Service in Minneapolis Following Minimum Wage Vote	Mar. 15	MT
Uber, Lyft to Cease Service in Minneapolis Following Minimum Wage Vote	Mar. 15	MT
News Highlights : Top Company News of the Day - Friday at 1 PM ET	Mar. 15	DJ
Uber, Lyft to Exit Minneapolis Following Minimum Wage Vote	Mar. 15	MT
New entries in MarketScreener's USA Investor portfolio	Mar. 15
Uber, Lyft to stop operations in Minneapolis over minimum wage law	Mar. 15	RE
News Highlights : Top Company News of the Day - Friday at 11 AM ET	Mar. 15	DJ
Lyft earnings report error prompts shareholder lawsuit	Mar. 06	RE
North American Morning Briefing : Stock Futures -2-	Mar. 06	DJ
Transcript : Lyft, Inc. Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-05-2024 01:20 PM	Mar. 05
Argus Upgrades Lyft to Buy From Hold, Price Target is $20	Mar. 05	MT
North American Morning Briefing : S&P 500 Futures -2-	Mar. 05	DJ
S&P 500, Nasdaq Retreat From Record Highs	Mar. 04	MT
S&P 500, Nasdaq Retreat From Record Highs	Mar. 04	MT

Chart Lyft, Inc.

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Company Profile

Lyft, Inc. is a multimodal transportation network in the United States and Canada that offer access to a variety of transportation options through its platform and mobile-based applications. The Lyft Platform provides a marketplace where drivers can be matched with riders via the Lyft App, where it operates as a transportation network company. Transportation options through its platform and mobile-based applications are substantially comprised of its ridesharing marketplace that connects drivers and riders in cities across the United States and in select cities in Canada, its network of bikes and scooters, and the Express Drive program, where drivers can enter into short-term rental agreements with its subsidiary, Flexdrive Services, LLC or a third party for vehicles that may be used to provide ridesharing services on the Lyft Platform. It makes the ridesharing marketplace available to organizations through Lyft Business offerings, such as the Concierge and Lyft Pass programs.

Sector

Internet Services

Calendar

2024-05-07 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

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Analysis / Opinion

Lyft's momentum accelerates

March 25, 2024 at 11:01 am EDT

Mea Culpa from Lyft CEO David Risher following the blunder in the press release

February 14, 2024 at 12:41 pm EST

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Ratings for Lyft, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

16.37 USD

Average target price

16.8 USD

Spread / Average Target

+2.61%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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Other Internet Services

Lyft, Inc.

Equities

LYFT

US55087P1049

Internet Services

Lyft, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022

EPS Revisions