Lyft Beats Second-Quarter Estimates With Rides Hitting Record

Lyft Beats Second-Quarter Estimates With Rides Hitting Record

Lyft Inc. posted profit in the second quarter that far exceeded Wall Street’s expectations, signaling that the ride-hailing company’s years-long effort to expand globally and steal market share from much-larger rivals is gaining ground.

Lyft Stock Isn’t a Smooth Ride After Earnings, But This Low-Risk, High-Reward Trade Gives It Gas

Lyft is the underdog in the ride-hailing space to Uber, but for the patient trader, it could still end up in the Hall of Fame.

Lyft reports Q2 revenue up 11% YoY to $1.59B vs. $1.61B est., gross bookings up 12% to $4.5B, rides up 14% to 234.8M vs. 235.9M est.; LYFT drops 4%+ after hours

Akash Sriram / Reuters: Lyft reports Q2 revenue up 11% YoY to $1.59B vs. $1.61B est., gross bookings up 12% to $4.5B, rides up 14% to 234.8M vs. 235.9M est.; LYFT drops 4%+ after hours  —  Lyft (LYFT.O) missed second-quarter revenue estimates on Wednesday, pressured by mounting competition from Uber …

Lyft Q2 2025 Earnings: $1.59 Billion Revenue

Lyft (NASDAQ: LYFT) reported second-quarter 2025 revenue of $1.59 billion, just shy of FactSet consensus estimates of $1.61 billion. The news sent Lyft stock down more than 7% in after-hours trading. CEO David Risher said, “We delivered off-the-charts performance, resulting in our strongest quarter ever.” He added, “Our marketplace is thriving, our TAM is expanding with the close of Freenow, and we are building meaningful partnerships, including…