Lyft
Lyft (LYFT) closed the newest buying and selling day at $24.17, transferring +1.21% from the earlier buying and selling session. This transfer lagged the S&P 500’s day by day achieve of 9.28%. Elsewhere, the Dow gained 9.36%, whereas the tech-heavy Nasdaq added 9.34%.
Coming into in the present day, shares of the ride-hailing firm had misplaced 49.22% previously month. In that very same time, the Pc and Know-how sector misplaced 26.09%, whereas the S&P 500 misplaced 26.56%.
Wall Avenue will likely be on the lookout for positivity from LYFT because it approaches its subsequent earnings report date. The corporate is predicted to report EPS of -$0.67, up 92.57% from the prior-year quarter. In the meantime, our newest consensus estimate is looking for income of $1.06 billion, up 36.17% from the prior-year quarter.
For the complete yr, our Zacks Consensus Estimates are projecting earnings of -$2.09 per share and income of $4.63 billion, which might characterize modifications of +27.18% and +28.15%, respectively, from the prior yr.
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