Lyft (LYFT) Misses Q1 Earnings and Revenue Estimates

Lyft (LYFT) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of$ 0.20 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5%. A quarter ago, it was expected that this ride-hailing company would post earnings of$ 0.23 per share when it actually produced earnings of $0.30, delivering a surprise of 30.43%.Over the last four quarters, the company h ...