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Sunday, August 07, 2022 11:01:30 AM
By: MarketBeat | August 6, 2022
• Lyft (NASDAQ:LYFT - Get Rating) issued its quarterly earnings data on Thursday. The ride-sharing company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of ($0.05) by $0.18, Briefing.com reports. Lyft had a negative net margin of 24.44% and a negative return on equity of 43.21%. The business had revenue of $990.70 million during the quarter, compared to analysts' expectations of $988.14 million. During the same period in the previous year, the company earned ($0.68) earnings per share. Lyft's revenue for the quarter was up 29.5% on a year-over-year basis...
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