Lyft Sees Q3 Revenue $1.13B-$1.15B Vs $1.09B Est; Adj EBITDA $75M-$85M
Portfolio Pulse from Benzinga Newsdesk
Lyft expects its Q3 revenue to be between $1.13 billion and $1.15 billion, surpassing the estimated $1.09 billion. The company also forecasts its adjusted EBITDA to be between $75 million and $85 million.
August 08, 2023 | 8:41 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lyft's Q3 revenue is expected to surpass estimates, which could positively impact its stock price.
Lyft's projected Q3 revenue exceeds estimates, indicating strong performance. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100