Earnings

Lyft earnings Q4 2021

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Lyft reported fourth-quarter results after the bell on Tuesday. It beat estimates on adjusted earnings per share and revenue but said it had fewer active riders than in the prior quarter.

Shares were down more than 6% in after hours trading after executives said the omicron coronavirus variant would weigh on first quarter numbers.

Here are the key numbers:

  • Earnings per share: 9 cents, adjusted, vs 8 cents expected in a Refinitiv survey of analysts
  • Revenue: $970 million vs $940.1 million expected by Refinitiv
  • Active riders: 18.73 million vs 20.2 million expected, per StreetAccount
  • Revenue per active rider: $51.79 vs $46.54 expected, according to StreetAccount

Lyft reported 18.73 million…



Source cnbc.com

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