Lyft is set to announce its latest quarterly earnings on Wednesday, May 6th, with a consensus estimate EPS of 0.3.
Today, Lyft's stock price stands at $14.23, showing a decrease of -25.5 cents (-1.76%) from the previous close. The trading volume is $2.52 million, representing a 14.09% increase compared to the average.
In the latest quarterly earnings announced on Monday, February 9th, Lyft reported an EPS of $6.71. The company faced a net loss of $147.67 million before taxes.
Lyft's cash flow position shows a net change in cash of -$173.90 million. Operating cash flow stands at $279.46 million, while capital expenditure is -$18.60 million.
Lyft generated $1.59 billion in revenue, with a gross profit of $620.89 million. The company reported a net income of $2.76 billion and an EPS of $6.71.
Key ratios for Lyft include a net profit margin of 172.98%, return on equity of 84.16%, and a debt ratio of 14.14%.
The company holds $1.13 billion in cash and cash equivalents, with total assets amounting to $9 billion. Total liabilities stand at $5.76 billion.
This analysis indicates Lyft's financial performance, with attention to its stock price movement and upcoming earnings announcement.
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various mobility options. It provides Ridesharing Marketplace, which connects drivers with riders; Express Drive, a flexible car rentals program for drivers; Lyft Rentals that provides vehicles for long-distance trips; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. The company also integrates third-party public transit data into the Lyft app to offer riders various transportation options. In addition, it offers access to autonomous vehicles; centralized tools and enterprise transportation solutions, such as concierge transportation solutions for organizations; Lyft Pink subscription plans; Lyft Pass commuter programs; first-mile and last-mile services; and university safe rides programs. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.