LYFT Inc LYFT shares are trading lower by 0.92% at $31.21. Traders and investors are watching for the company’s first-quarter earnings report, which is confirmed for Tuesday’s after-hours session.
According to analyst consensus estimates, Lyft is expected to report an EPS loss of 7 cents on revenue of $846.00 million.
Lyft last quarter reported EPS of 9 cents, which was in line with the analyst consensus estimate. Lyft last quarter reported revenues of $969.90 million, which beat the analyst consensus estimate of $938.86 million.
See Also: Why Estee Lauder Stock Is Trading Lower Today
Lyft is the second- largest ride-sharing service provider in the U.S., connecting riders and drivers over the Lyft app.
According to data from Benzinga Pro, Lyft has a 52-week high of $63.07 and a 52-week low of $29.93.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.