Lyft Earnings: What to Watch

Ride-hailing company Lyft Inc. is scheduled to report quarterly earnings Tuesday afternoon, the first financial report since the company went public in March.

The San Francisco company beat Uber Technologies Inc. to the public markets, but the initial excitement wore off pretty quickly. The stock started trading at $78.29 on March 29 and set a high that day of $87.24. It closed Monday at $60.57.

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Business 101 in the headline: [insert company name] has a lot riding on the number of so-called active [description of customer of company] who regularly use its services-and for that matter, how much it can make from each of them.

WSJ, How much of the Lyft earnings are going to shareholders? Oh...$0! Betcha didn’t “watch out” for that😉 Basic logic.

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Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

GM beats on earnings as Lyft investment pays off and pickups drive profitsGM reported a higher-than-expected quarterly profit, driven mostly by highly lucrative pickup truck sales.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

Uber and Lyft drivers are planning to strike this week, and it highlights the challenge the 2 ride-hailing giants face as public companiesUber and Lyft are still fighting tooth and nail for market share in the United States. still trying to figure out how much an uber driver actually earns per hour after expenses
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »