Lyft earnings Q3 2022


A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020.

Mike Blake | Reuters

Shares of Lyft closed down 22% on Tuesday, a day after the company reported worse-than-expected revenue for the third quarter, and active riders missed analysts’ estimates.

Here’s how the company did:

  • Earnings: 10 cents per share, adjusted, vs. 7 cents per share, according to analysts surveyed by Refinitiv
  • Revenue: $1.05 billion, vs. $1.06 billion, according to analysts surveyed by…

Source cnbc.com

0 0 votes
Article Rating

Adidas warns of big earnings hit after ending Ye partnership

Previous article

Palantir (PLTR) earnings Q3 2022

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Earnings