Lyft posts Q2 earnings beat, stock falls on weak Q3 guidance

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Earnings Per Share Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

Rideshare platform Lyft (LYFT) reported second-quarter earnings that beat expectations on both revenue and profit. The company posted revenue of $1.44...

) reported second-quarter earnings that beat expectations on both revenue and profit. The company posted revenue of $1.44 billion, topping estimates of $1.39 billion. Additionally, adjusted earnings per share came in at $0.24, surpassing the projected $0.18.

And the results that we got this week as well that seems, uh, synonymous are a common denominator for both of these companies here.I mean, take a look at the fact that they did like you were talking about record driver supply record riders.They had a profit of post a quarterly profit by metrics here of just around 5 million.

I think that maybe shows that consumers are still willing to spend on experiences, but again, just missing what the street was looking for, and that's a big reason why you're looking at shares under a bit of pressure today.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Disney, Warner Bros. Discovery, Lyft earnings: What to WatchMarket Domination Overtime Co-hosts Julie Hyman and Josh Lipton break down what to watch for on Wednesday, August 7. The media industry will be in focus as...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »