News
- Lyft jumped 26% to $18.23 after the company reported its quarterly results and issued a stronger than-expected outlook.
Revenue in the third quarter increased to $1.5 billion from $1.15 billion, net loss expanded to $12.5 billion from $12.1 billion, and diluted earnings per share were unchanged at 3 cents per share.
Gross booking rose 16% to $4.1 billion from $3.55 billion, and active riders increased to 24.4 million from 22.4 million a year ago, respectively.
The ride-hailing company is now forecasting fourth quarter bookings of $4.28 billion and $4.32 billion, an increase between 15% and 17% from a year ago. The company also estimated adjusted operating earnings between $100 and $105 million in the next quarter.
For the full-year 2024, the company estimated annual booking growth of 17% and annual number of rides growth in the mid-teens.
Nov 7, 2024 - Lyft Inc. soared 20% to $14.56 after the ridesharing company reported fourth-quarter results.
Revenue in the quarter increased to $1.22 billion from $1.18 billion, and net losses shrank to $26.3 million from $588.1 million.
Gross bookings on the platform rose to $3.7 billion from $3.2 billion. Active riders increased 10% to 22.4 million from 20.4 million, and rides surged to 190.8 million from 151.1 million a year ago.
The company estimated gross booking in the first quarter between $3.5 billion and $3.6 billion and adjusted operating earnings between $50 million and $55 million.
Feb 14, 2024
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Price
- Last Close
-
$ 15.95
2.9 %
+0.45
Dec 6, 2024
- Trading Volume
- 607,557
- 52-Week High/Low
- $20 - $9
- Market Cap Full
- $ 4.3B
- YTD
- 6%
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Q
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Q1 | 29.1% | -15.9% | -10.9% | 27.6% | -5% | - | - | - | - | - | - |
Q2 | -3.4% | 3.5% | -65.4% | -5.1% | 4% | 11.6% | - | - | - | - | - |
Q3 | - | 9.9% | -0.8% | -11.4% | 8% | -37.3% | - | - | - | - | - |
Q4 | - | 42.6% | -16.3% | -19.6% | 81.3% | 6.6% | - | - | - | - | - |
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J | F | M | A | M | J | J | A | S | O | N | D | |
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2024 | -16.7% | 27.1% | 21.9% | -4% | - | - | - | - | - | - | - | - |
2023 | 47.5% | -38.5% | -7.3% | 10.6% | -12% | 6.3% | 32.5% | -7.3% | -10.5% | -13% | 27.9% | 27.8% |
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A
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
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LYFT | 6% | 36% | -74% | -14% | 15% | 0% | 0% | 0% | 0% | 0% | 0% |
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