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Lyft set to report earnings after the bell

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Analysts will be paying close to attention to Lyft's losses in its third quarter results.

The report comes as Lyft's co-founders recently said the company could turn a profit sooner than analysts expected.

Shares of Lyft and rival ride-sharing platform Uber have been under pressure amid growing investor skepticism around money-losing tech companies. Lyft President John Zimmer and CEO Logan Green during an interview at an IPO event in Los Angeles March 29, 2019.is set to release its third-quarter earnings after the markets close on Wednesday.$1.66 adjusted, per Refinitiv estimates

 

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Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »