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.

Earnings

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.

Past Earnings Performance

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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Posted In: EarningsBZI-Recaps
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