Lyft projects Q4 core earnings above estimates, beats Q3 revenue expectations

  • 📰 Reuters
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Lyft (LYFT.O) reported third-quarter revenue slightly higher than estimates and forecast current-quarter revenue largely in line with expectations on Wednesday, as workers returned to office and there were a higher number of airport rides.

An empty Lyft pick-up area is shown as rideshare drivers hold a rally as part of 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.

Brewer added that an improved mix of airport rides, scheduled rides and priority pickups also helped margin expansion. Despite Uber's dominance, analysts and investors have maintained Lyft will remain a strong second player in the sector.Since CEO David Risher took the top job at Lyft, the company has looked to cut costs aggressively. It posted higher core earnings in the second quarter and forecast further profitability improvement.

Revenue grew 10% to $1.16 billion in the quarter ended Sept. 30, surpassing analysts' average estimate of $1.14 billion, according to LSEG data.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stocks making the biggest moves premarket: Rivian, Warner Bros., Lyft and moreThese are some of the stocks posting the largest moves in premarket trading.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »