Lyft (LYFT) is retreating 8% after the ridesharing company reported fourth-quarter revenue that was in line with analysts' average estimate and provided first-quarter guidance that was below their ...
Lyft reports fourth-quarter revenue of $1.6 billion, beating analyst estimates of $1.56 billion. Lyft guides for first-quarter gross bookings of approximately $4.05 billion to $4.2 billion. Our ...
Lyft Inc (LYFT) Q4 2024 Earnings Call Highlights: Record Growth and First Full Year of Profitability
Share Buyback Program: $500 million authorized by the Board. Lyft Inc (NASDAQ:LYFT) achieved all-time highs in rides, riders, and driver hours in 2024, marking its strongest position ever.
Lyft's fourth-quarter results were good enough, but its guidance points to a growth slowdown. The stock looks cheap, and management is poised to take advantage of that situation. Lyft's riders pay ...
Arete downgraded Lyft (LYFT) to Sell from Neutral with a price target of $10, down from $19. The firm believes Uber (UBER) is forcing Lyft to “sacrifice” margins in order to maintain growth.
Pretty soon, you'll be able to get a lift without a Lyft driver. Lyft has announced it will start using autonomous vehicles. In a social media post, CEO David Risher said they could debut in ...
Record bookings and a double-digit gain in active riders drove Lyft (NASDAQ:LYFT) to a profit in the fourth quarter, surpassing Wall Street’s expectations, although shares have come under heavy ...
Shares in Lyft are tumbling Wednesday, after the ride-hailing company projected first-quarter bookings that lagged estimates as a price war with rival Uber Technologies persists. The ride-hailing ...
Lee Sperry, a San Diego ride-hailing driver, has spent the past year pushing for better treatment from Uber and Lyft as a member of the advocacy group San Diego Drivers United. But lately ...
The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according to an analyst who has become the lone bear on the stock. Arete Research ...
Shares of Lyft Inc. plunged after the company gave a disappointing outlook for first-quarter gross bookings, warning that cold weather has hurt demand for ride hails and bike rentals. Gross ...
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