Lyft's Q4 Sales Top Views, But Shares Move Lower

01:36pm, Wednesday, 09'th Feb 2022 Benzinga
Lyft, Inc. (NASDAQ: LYFT) reported better-than-expected earnings results for its fourth quarter after the closing bell on Tuesday. On CNBC’s "Closing Bell," Deirdre Bosa said the company surpassed m

Lyft rides hit pandemic high, but stock falls on cautious forecast

01:04pm, Wednesday, 09'th Feb 2022 MarketWatch
Lyft Inc. said Tuesday that it met its goal of full-year positive Ebitda, and that its fourth quarter was “solid,” but its outlook for the current quarter weighed on its stock in after-hours tradi
Wedbush Securities analyst Daniel Ives on Tuesday said he continues to see upside in Lyft Inc.'s (NASDAQ: LYFT) stock despite the mixed earnings results for the fourth quarter. The Analyst Rating: I
Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones surged around 370 points in the previous session. Investors are awaiting earnings results from CVS Healt

Lyft (LYFT) Q4 2021 Earnings Call Transcript

03:30am, Wednesday, 09'th Feb 2022 The Motley Fool
LYFT earnings call for the period ending December 31, 2021.
Lyft, Inc. (NASDAQ:LYFT) Q4 2021 Earnings Conference Call February 8, 2022 16:30 ET Company Participants Sonya Banerjee - Head, Investor Relations Logan Green - Co-Founder and Chief…

Lyft, Uber and Others Unite as Driver Wars Move to Washington

12:18am, Wednesday, 09'th Feb 2022 The Street
A bunch of the gig-economy companies join to fight regulation in Washington state.
Lyft shares sank after the closing bell on a mixed earnings report from the rideshare company. Chipotle saw upside movement after the company reported success in raising the price for menu items.

LYFT Inc. (LYFT) Q4 2021 Earnings Call Transcript

11:57pm, Tuesday, 08'th Feb 2022 AlphaStreet
LYFT Inc. (NASDAQ: LYFT) Q4 2021 earnings call dated Feb. 08, 2022 Presentation: Operator Good afternoon, and welcome to the Lyft Fourth Quarter 2021 Earnings Call. [Operator Instructions] I would [] The post LYFT Inc. (LYFT) Q4 2021 Earnings Call Transcript first appeared on AlphaStreet .

Lyft’s revenue growth masks active riders slippage

10:53pm, Tuesday, 08'th Feb 2022 TechCrunch
U.S. ride-hailing company Lyft dropped its fourth-quarter financial results Tuesday, a report that showed a mixed bag of growth — that in the area of active riders failed to meet analysts’ expectations. The public company had Q4 2021 revenues of $969.9 million, up around 70% from its year-ago quarter that was hit hard by the […]
U.S. ride-hailing company Lyft dropped its fourth-quarter financial results Tuesday, a report that showed a mixed bag of growth — that in the area of active riders failed to meet analysts’ expectations. The public company had Q4 2021 revenues of $969.9 million, up around 70% from its year-ago quarter that was hit hard by the […]
Lyft is investigating the alleged attempted kidnapping of one its Brooklyn riders after the harrowing tale of her journey went viral on Instagram.
Customers were eager to step out and travel and pay a record amount for trips during the last three months of 2021.
Lyft Slides As Active Riders Shrink After Paying More Than Ever For Driver-Challenged Service Lyft stock is swinging wildly after hours, first spiking lower, then higher and now drifting lower again. Why? Here''s what the company just reported for its Q4 quarter. First the good news: the company reported revenues of $969.9 million which beat consensus estimates of $940.4 million as well as its own guidance, rising at a brisk 70% Y/Y benefiting from higher prices due to a continued shortage of drivers ... and achieved a new quarterly record for contribution profit of $578.8 million (exp. $553.7 million) and margin of 59.7% vs exp. 58.9%... ... while adjusted EBITDA of $74.7 million came in at high end of guidance range, if just below consensus of %75.7 million. Putting the company''s revenue and EBITDA in context: And now the not so good news: the company reported that its Q4 active users were just 18.73 million, up 49% Y/Y, which was not only a big miss to expectations of 20 million and the the first sequential contraction since the covid collapse, but far below the record 22.9 million hit in 2019.
Lyft Inc closed 2021 with its first full-year adjusted profit as customers eager to step out and travel paid a record amount for trips during the fourth quarter and more drivers returned to work, the ride-hailing company said on Tuesday.
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