Recap: Lyft Q1 Earnings

Lyft LYFT reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Lyft beat estimated earnings by 200.0%, reporting an EPS of $0.07 versus an estimate of $-0.07.

Revenue was up $266.62 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 6.8% increase in the share price the next day.

Here's a look at Lyft's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.09	-0.03	-0.24	-0.53
EPS Actual	0.09	0.05	-0.05	-0.35
Revenue Estimate	938.86M	862.68M	696.22M	558.70M
Revenue Actual	969.90M	864.40M	765.02M	608.96M

To track all earnings releases for Lyft visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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