Compared to Estimates, Lyft (LYFT) Q4 Earnings: A Look at Key Metrics

Core Insights - Lyft reported $1.55 billion in revenue for Q4 2024, a year-over-year increase of 26.6$0.30, up from $0.19 a year ago, exceeding the consensus estimate of$0.23 by 30.44% [1] - The revenue matched the Zacks Consensus Estimate, with a slight surprise of -0.15% [1] Financial Performance Metrics - Gross Bookings were $4.28 billion, slightly below the average estimate of$4.32 billion from eight analysts [4] - The number of rides was 218.5 million, close to the six-analyst average estimate of 218.65 million [4] - Active riders reached 24.7 million, surpassing the five-analyst average estimate of 24.41 million [4] Stock Performance - Lyft shares returned +16.4% over the past month, outperforming the Zacks S&P 500 composite's +4.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]