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

Lyft (LYFT) reported Q2 FY2024 earnings of $0.24 per share (versus $0.16 per share in Q2 FY2023), beating analysts’ consensus estimate of $0.16 per share.

The company’s quarterly revenues amounted to $1.436 bln (+40.6% y/y), beating analysts’ consensus estimate of $1.386 bln.

LYFT fell to $9.45 (-13.86%) in pre-market trading.