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Lyft Shares Fall After Missing Earnings Estimates But Beating on Revenue
Lyft's earnings report had encouraging signs, but investors weren't that pleased.
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Adjusted net loss per share came in at $11.40, versus Wall Street's expectations of $10.53. Revenue was $776 million, beating analyst's expectations of $738.5 million. The revenue result represented a 95% increase year-over-year. Adjusted EBITDA (earnings before interest tax depreciation and amoritization) was negative $216 million, narrower than the expected negative $276.82 million. Revenue per active ride grew 34% year-over-year to $37.86.
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https://www.thestreet.com/investing/earn...yptr=yahoo
![[Bild: LYFTc1dl1704.png]](https://finviz.com/publish/050719/LYFTc1dl1704.png)
Lyft's earnings report had encouraging signs, but investors weren't that pleased.
...
Adjusted net loss per share came in at $11.40, versus Wall Street's expectations of $10.53. Revenue was $776 million, beating analyst's expectations of $738.5 million. The revenue result represented a 95% increase year-over-year. Adjusted EBITDA (earnings before interest tax depreciation and amoritization) was negative $216 million, narrower than the expected negative $276.82 million. Revenue per active ride grew 34% year-over-year to $37.86.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
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