Lyft(US:LYFT) ZACKSยท2025-04-30 23:20Company Performance - Lyft's stock closed at $12.40, reflecting a -1.12% change from the previous day's closing price, underperforming the S&P 500's gain of 0.15% [1] - Over the past month, Lyft's stock has increased by 2.53%, outperforming the Computer and Technology sector's gain of 1.15% and the S&P 500's loss of 0.21% [1] Upcoming Earnings - Lyft is set to release its earnings report on May 8, 2025, with analysts expecting earnings of $0.20 per share, representing a year-over-year growth of 33.33% [2] - The consensus estimate for revenue is $1.46 billion, indicating a 14.65% increase from the same quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $1.02 per share and revenue of $6.51 billion, reflecting changes of +7.37% and +12.57% respectively from the previous year [3] - Recent changes to analyst estimates for Lyft are important as they reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] Valuation Metrics - Lyft is currently trading at a Forward P/E ratio of 12.25, which is lower than the industry average Forward P/E of 18.51 [6] - The PEG ratio for Lyft is 0.58, compared to the average PEG ratio of 1.33 for the Internet - Services industry [6] Industry Context - The Internet - Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 168, placing it in the bottom 33% of over 250 industries [7] - The Zacks Industry Rank assesses the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]