Lyft (LYFT) Q2 Earnings and Revenues Beat Estimates

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 ...