Ekonomické zprávy

Company news: Lyft (LYFT) posts unexpected quarterly loss

Lyft (LYFT) reported Q4 FY2022 loss of $0.76 per share (versus earnings of $0.10 per share in Q4 FY2021), worse than analysts’ consensus estimate of earnings of $0.13 per share.

The company’s quarterly revenues amounted to $1.200 bln (+23.7% y/y), beating analysts’ consensus estimate of $1.155 bln.

The company also issued downside guidance for Q1 FY2023, seeing revenues of $0.975 bln versus analysts' consensus estimate of $1.1 bln.

LYFT fell to $10.83 (-33.23%) in pre-market trading.

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