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07.11.2024

Company news: Lyft’s (LYFT) quarterly results beat analysts’ estimates

Lyft (LYFT) reported Q3 FY2024 earnings of $0.29 per share (versus $0.24 per share in Q3 FY2023), beating analysts’ consensus estimate of $0.19 per share.

The company’s quarterly revenues amounted to $1.523 bln (+31.6% y/y), beating analysts’ consensus estimate of $1.444 bln.

LYFT rose to $17.60 (+22.22%) in pre-market trading.

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