ET 22:20

Lyft (LYFT) Q4 Earnings: Revenue Up 10.7% Y/Y, Revenue Estimate at $1.75B

Lyft (NASDAQ: LYFT) reports earnings Tuesday after market close. Last quarter revenue was $1.69B, up 10.7% year-on-year, but it missed both revenue and EBITDA estimates. The company had 28.7 million users, a 17.6% increase YoY. Analysts expect revenue to rise 13% Y/Y to $1.75B in the current quarter, down from 26.6% in the same quarter last year. Adjusted EPS is forecast at $0.32/share. Lyft shares are down 16.2% over the past month, while the average analyst price target is $24.13 versus the current $16.49. Peer Uber rose 3.5% after reporting 20.1% YoY revenue growth, and Electronic Arts was down 2.3% after revenues up 61.8% YoY and beating by 29.4%.

EditorThomas Ho