About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output a ...

Lyft (LYFT) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 26.32%. A quarter ago, it was expected that this ridehailing company would post earnings of $0.09 per share when it actually produced earnings of $0.15, delivering a surprise of 66.67%. Over the last four quarters, the compan ...

Exhibit 99.1 Lyft Announces Q2 2024 Results, Including First-Ever Quarter of GAAP Profitability Achieved All-time High Active Riders and Rides SAN FRANCISCO, CA, August 7, 2024 - Lyft, Inc. (Nasdaq:LYFT) today announced financial results for the second quarter ended June 30, 2024. "For over a year you've heard us say that customer obsession drives profitable growth," said CEO David Risher. "In Q2 we delivered, and drivers and riders are choosing Lyft in record numbers." "Our platform is growing in a very he ...

Lyft, Inc. LYFT is expected to release earnings results for its second quarter, before the opening bell on Wednesday, Aug. 7. 9.17% 60th 167 Analysts expect the San Francisco, California-based company to report quarterly earnings at 19 cents per share, up from 16 cents per share in the year-ago quarter. Lyft is projected to report quarterly revenue of $1.02 billion a year earlier, according to data from Benzing to data from Benzinga Pro. On July 25, Lyft and Payfare reported the long term extension of Lyft ...

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold player ...

The latest trading session saw Lyft (LYFT) ending at $11.95, denoting a -1.24% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.5%. Elsewhere, the Dow gained 0.5%, while the tech-heavy Nasdaq lost 1.28%. The ride-hailing company's stock has dropped by 13.39% in the past month, falling short of the Computer and Technology sector's loss of 4.37% and the S&P 500's gain of 0.1%. The investment community will be paying close attention to the earnings performa ...

Images By Tang Ming Tung/DigitalVision via Getty Images LYFT Stock Price I last covered LYFT in December where I explained why I was downgrading the stock due to valuation. That proved to be fortuitous timing as the stock has since underperformed the broader market by around 30%. That kind of underperformance can alleviate a great deal of valuation concerns, especially as the company continues to execute strongly. In the most recent quarter, LYFT generated 27.5% YoY revenue growth to $1.277 billion and 21% ...

SAN FRANCISCO, July 25, 2024 /PRNewswire/ -- Today, Everlance and Lyft announce a strategic partnership to better serve the rideshare driver ecosystem. As part of this partnership, Everlance is now integrated into the Lyft driver rewards program, a significant enhancement for drivers. All Lyft drivers will receive a 20% discount on Everlance Premium products, with the potential for even deeper discounts based on their driver tier within the Lyft rewards program. This integration ensures that drivers have ac ...

The extension allows Lyft Direct cardholders to continue benefiting from free instant pay after every ride, a rich cashback rewards program, and more SAN FRANCISCO, Calif. and TORONTO, July 25, 2024 /PRNewswire/ - Lyft, Inc. (NASDAQ: LYFT), one of the largest transportation networks in North America, and Payfare Inc. (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access ("EWA") company powering instant access to earnings and digital banking solutions for workforces, are excited to announce t ...

Lyft President Kristin Sverchek will leave the company as an employee on Aug. 20 after serving in leadership roles for 12 years. Sverchek will serve as a non-employee adviser to the company through Nov. 30, Lyft said in a Tuesday (July 23) filing with the Securities and Exchange Commission (SEC). Lyft added in the filing that Sverchek's departure is not the result of any dispute or disagreement with the company, and that the circumstances of her departure qualify her to receive severance benefits. "Kristin ...