Lyft Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Lyft, Inc. (NASDAQ:LYFT) is set to release its Q2 earnings on August 7, with analysts expecting an EPS of 19 cents and revenue of $1.39 billion. Recent analyst ratings show a mix of Neutral and Outperform ratings with increased price targets. Lyft shares recently gained 3.8% to close at $10.97.
August 07, 2024 | 7:09 am
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Lyft is expected to report Q2 earnings with an EPS of 19 cents and revenue of $1.39 billion. Analysts have mixed ratings but have increased their price targets. Shares recently gained 3.8%.
The upcoming earnings report and the recent increase in price targets by analysts suggest a positive short-term outlook for Lyft. The 3.8% gain in share price indicates investor optimism.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100